U.S. stocks traded mixed midway through trading, with the Dow Jones turning higher on Tuesday.
The Dow traded up 0.22% to 34,740.15 while the NASDAQ fell 0.55% to 13,841.02. The S&P 500, also fell, dropping, 0.24% to 4,476.51.
Check This Out: Adobe To Rally Over 14%? Here Are 10 Other Analyst Forecasts For Tuesday
Leading and Lagging Sectors
Energy shares jumped by 1.9% on Tuesday.
In trading on Tuesday, information technology shares fell by 1%.
Top Headline
Shares of Oracle Corporation (NYSE: ORCL) fell around 12% on Tuesday after the company released first-quarter results.
Oracle reported first-quarter revenue of $12.45 billion, which was up 9% year-over-year, compared to market estimated of $12.46 billion. The company reported first-quarter adjusted earnings per share of $1.19, which beat a Street consensus estimate of $1.15.
Equities Trading UP
Tenon Medical, Inc. (NASDAQ: TNON) shares shot up 56% to $0.2245 after the company announced it has withdrawn its proposed public offering of shares of its common stock.
Shares of Avalo Therapeutics, Inc. (NASDAQ: AVTX) got a boost, shooting 30% to $0.1103 after the company agreed to divest AVTX-800 series.
Cognyte Software Ltd. (NASDAQ: CGNT) shares were also up, ...