Nasdaq Surges 200 Points; Citigroup Posts Upbeat Earnings

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 200 points on Tuesday.

Following the market opening Tuesday, the Dow traded up 0.03% to 48,233.39 while the NASDAQ rose 0.87% to 23,384.93. The S&P 500 also rose, gaining, 0.35% to 6,910.13.

Leading and Lagging Sectors

Consumer discretionary shares climbed by 1.4% on Tuesday.

In trading on Tuesday, energy stocks fell by 2.5%.

Top Headline

Citigroup Inc (NYSE:C) reported better-than-expected earnings for the first quarter on Tuesday.

The company posted quarterly earnings of $3.06 per share which beat the analyst consensus estimate of $2.63 per share. The company reported quarterly sales of $24.633 billion which beat the analyst consensus estimate of $23.526 billion.

Equities Trading UP
           

• Snail Inc (NASDAQ:SNAL) shares shot up 149% to $0.94.
• Shares of Perfect Moment Ltd (NYSE:PMNT) got a boost, surging 113% to $0.52.
• High Roller Technologies Inc (NYSE:

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