Crude Oil Gains 4%; GE Aerospace Posts Upbeat Q1 Earnings

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U.S. stocks traded lower midway through trading, with the S&P 500 falling around 0.2% on Tuesday.

The Dow traded down 0.04% to 49,420.86 while the NASDAQ fell 0.08% to 24,383.88. The S&P 500 also fell, dropping, 0.20% to 7,095.18.

Leading and Lagging Sectors

Energy shares climbed by 0.7% on Tuesday.

In trading on Tuesday, real estate stocks fell by 1.5%.

Top Headline

GE Aerospace (NYSE:GE) posted better-than-expected earnings for the first quarter on Tuesday.

The company posted adjusted EPS of $1.86, beating market estimates of $1.60. The company’s sales came in at $12.392 billion versus estimates of $10.718 billion.

Equities Trading UP
           

  • UnitedHealth Group Inc (NYSE:UNH) shares shot up 9% to $353.83 after the company reported better-than-expected first-quarter financial results and issued FY26 EPS guidance above estimates.
  • Shares of Valmont Industries Inc (NYSE:VMI) got a boost, surging 14% to $467.00 as the company upbeat first-quarter …

Full story available on Benzinga.com

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