WWAC - US Stocks Mixed; D.R. Horton Earnings Top Views | Benzinga
U.S. stocks traded mixed this morning, with the Dow Jones falling around 50 points on Tuesday
Following the market opening Tuesday, the Dow traded down 0.18% to 34,035.79 while the NASDAQ rose 0.14% to 13,537.65. The S&P 500 also fell, dropping, 0.22% to 4,356.26.
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Leading and Lagging Sectors
Information technology shares rose by 0.2% on Tuesday.
In trading on Tuesday, energy shares fell by 2.1%.
Top Headline
D.R. Horton, Inc. (NYSE: DHI) reported better-than-expected earnings for its fourth quarter on Tuesday.
D.R. Horton posted quarterly earnings of $4.45 per share, topping market estimates of $3.93 per share. The company’s quarterly sales came in at $10.50 billion versus expectations of $10.01 billion.
D.R. Horton said it sees FY24 consolidated revenues of approximately $36 billion to $37 billion, versus estimates of $36.20 billion.
Equities Trading UP
PaxMedica, Inc. (NASDAQ: PXMD) shares shot up 117% to $6.62. PaxMedica announced the publication of its autism spectrum disorder Phase 2 study results in the Annals of General Psychiatry.
Shares of Senti Biosciences, Inc. (NASDAQ: SNTI) got a boost, shooting 86% to $0.5442 after the company reported a new strategic collaboration with Celest Therapeutics for the clinical ...