U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 50 points on Tuesday.
The Dow traded up 0.13% to 37,739.18 while the NASDAQ fell 1.29% to 14,818.23. The S&P 500 also fell, dropping, 0.45% to 4,748.51.
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Leading and Lagging Sectors
Energy shares rose by 1.5% on Tuesday.
In trading on Tuesday, information technology shares fell by 2.2%.
Top Headline
Rivian Automotive Inc (NASDAQ: RIVN) reported vehicle production and delivery totals for the fourth quarter.
The company produced 17,541 vehicles (vs. 10,020) at its manufacturing facility in Normal, Illinois, and delivered 13,972 cars in the fourth quarter. The latest-quarter delivery was below the third-quarter figure of 15,564 and below analysts' estimate of 14,430, as per Reuters.
Equities Trading UP
Longboard Pharmaceuticals, Inc. (NASDAQ: LBPH) shares shot up 194% to $17.70 after the company announced topline data from the PACIFIC Study evaluating bexicaserin in patients with Developmental and Epileptic Encephalopathies.
Shares of Voyager Therapeutics, Inc. (NASDAQ: VYGR) got a boost, surging 25% to $10.54 after the company announced a strategic collaboration and capsid license agreement ...