VERB - US Stocks Open Lower; Nasdaq Down 50 Points | Benzinga
U.S. stocks traded lower this morning, with the Nasdaq Composite falling around 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.18% to 34,776.28 while the NASDAQ fell 0.36% to 13,981.21. The S&P 500, also fell, dropping, 0.31% to 4,501.92.
Leading and Lagging Sectors
Energy shares jumped by 1.2% on Tuesday.
In trading on Tuesday, industrials shares fell by 1%.
Top Headline
Brady Corp (NYSE: BRC) reported better-than-expected results for its fourth quarter.
The company reported sales growth of 6.8% Y/Y to $345.93 million, beating the consensus of $329.19 million. Adjusted EPS of $1.04 beat the consensus of $0.90.
The company's Board of Directors approved an increase in the annual dividend to shareholders from $0.92 to $0.94 per share, representing a 2.2% increase.
A quarterly dividend of $0.235 per share will be paid on October 31, 2023, to shareholders of record at the close of business on October 10, 2023.
Equities Trading UP
Verb Technology Company, Inc. (NASDAQ: VERB) shares shot up 115% to $1.54 after the completed and launched a technology integration and strategic relationship with global social ...