TKLF - Nasdaq Edges Lower; Morgan Stanley Earnings Top Views | Benzinga
U.S. stocks traded mostly higher toward the end of trading, with the Dow Jones index surging more than 650 points on Tuesday.
The Dow traded up 1.63% to 40,865.59 while the NASDAQ fell 0.11% to 18,452.31. The S&P 500 also rose, gaining, 0.37% to 5,652.28.
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Leading and Lagging Sectors
Industrials shares jumped by 2.3% on Tuesday.
In trading on Tuesday, information technology shares fell by 0.8%.
Top Headline
Morgan Stanley (NYSE:MS) reported better-than-expected second-quarter results.
Morgan Stanley reported second-quarter EPS of $1.82, up from $1.24 a year ago and beating the consensus of $1.65. The U.S. bank reported second-quarter sales of $15.02 billion, up 11.6% year over year, beating the consensus of $14.30 billion.
Equities Trading UP