TSN - Nasdaq Jumps 100 Points; Tyson Foods Sales Miss Views | Benzinga
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Monday.
The Dow traded up 0.25% to 38,772.28 while the NASDAQ rose 0.64% to 16,260.19. The S&P 500 also rose, gaining, 0.59% to 5,157.96.
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Leading and Lagging Sectors
Energy shares rose by 1.5% on Monday.
In trading on Friday, consumer staples shares fell by 0.4%.
Top Headline
Tyson Foods Inc (NYSE:TSN) reported weaker-than-expected sales for its second quarter.
The company posted a second-quarter FY24 sales decline of 0.46% year-on-year to $13.072 billion, missing the analyst consensus estimate of $13.157 billion. Adjusted EPS of 62 cents beat the consensus estimate of 39 cents.
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