U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 1% on Tuesday.
The Dow traded up 0.57% to 49,219.77 while the NASDAQ rose 1.03% to 25,327.16. The S&P 500 also rose, gaining, 0.84% to 7,261.56.
Leading and Lagging Sectors
Materials shares jumped by 2.1% on Tuesday.
In trading on Tuesday, financial stocks fell by 0.2%.
Top Headline
PayPal Holdings Inc. (NASDAQ:PYPL) shares fell around 9% on Tuesday after the company reported first-quarter 2026 results that topped Wall Street expectations but showed signs of margin pressure and slowing engagement.
The parent of Venmo posted revenue of $8.353 billion, up 7% from a year earlier and above analysts’ estimate of $8.046 billion. Adjusted earnings were $1.34 per share, beating the consensus estimate of $1.27.
Equities Trading UP
- EverQuote Inc (NASDAQ:EVER) shares shot up 51% to $22.11 after the company reported better-than-expected first-quarter sales results and …
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