TSHA - Dow Rises Over 100 Points; Target Posts Upbeat Earnings | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones gaining over 100 points on Wednesday.
The Dow traded up 0.32% to 34,939.64 while the NASDAQ rose 0.18% to 14,119.17. The S&P 500 also rose, gaining, 0.20% to 4,504.73.
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Leading and Lagging Sectors
Materials shares surged by 0.7% on Wednesday.
In trading on Wednesday, utilities shares fell by 0.4%.
Top Headline
Target Corporation (NYSE: TGT) reported better-than-expected third-quarter financial results.
Target reported a third-quarter FY23 sales decline of 4.22% year-on-year to $25.398 billion, beating the analyst consensus estimate of $25.31 billion. Adjusted EPS of $2.10 beat the analyst consensus estimate of $1.48.
Equities Trading UP
AST SpaceMobile, Inc. (NASDAQ: ASTS) shares shot up 24% to $4.6781 following third-quarter results
Shares of Heron Therapeutics, Inc. (NASDAQ: HRTX) got a boost, shooting 56% to $0.8441 after the company reported mixed third-quarter financial results and issued guidance.
Taysha Gene Therapies, Inc. (NASDAQ: TSHA) shares were also up, gaining 25% to $1.66 after the company reported third-quarter results.
Equities Trading DOWN
Jaguar Global Growth Corporation I (NASDAQ: ...