U.S. stocks traded higher this morning, with the Dow Jones index gaining around more than 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.17% to 37,369.84 while the NASDAQ rose 0.25% to 14,941.77. The S&P 500 also rose, gaining, 0.17% to 4,748.81.
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Leading and Lagging Sectors
Materials shares rose by 0.7% on Tuesday.
In trading on Tuesday, financial shares fell by 0.1%.
Top Headline
Accenture Plc (NYSE: ACN) posted upbeat earnings for its first quarter, but issued weak sales outlook.
Accenture reported quarterly sales of $16.22 billion compared with the consensus of $16.20 billion, an increase of 3% Y/Y in U.S. dollars and 1% in local currency. Adjusted earnings came in at $3.27 per share, versus expectations of $3.14 per share.
Accenture expects second-quarter revenues of $15.40 billion to $16.00 billion (versus consensus of $16.25 billion), or negative 2% to 2% in local currency, reflecting the company’s assumption of a negative 0.5% foreign-exchange impact compared with the second quarter of fiscal ...