SKIN - Nasdaq Surges 2%; US Inflation Rate Slows In October | Benzinga
U.S. stocks traded higher this morning, with the Dow Jones gaining around 400 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 1.16% to 34,736.95 while the NASDAQ rose 2.03% to 14,047.59. The S&P 500 also rose, gaining, 1.61% to 4,482.49.
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Leading and Lagging Sectors
Real estate shares surged by 3.9% on Tuesday.
In trading on Tuesday, energy shares rose by just 0.2%.
Top Headline
The annual inflation rate in the U.S. eased to 3.2% in October versus 3.7% in both September and August, and compared to market estimates of 3.3%.
Equities Trading UP
BioCardia, Inc. (NASDAQ: BCDA) shares shot up 243% to $1.37 after the company announced the FDA approval of its Phase 3 clinical trial of its CardiAMP autologous cell therapy for the treatment of patients with ischemic heart failure.
Shares of INVO Bioscience, Inc. (NASDAQ: INVO) got a boost, shooting 42% to $2.2857 after the company posted a narrower loss for the third quarter.