Crude Oil Gains 3%; Alignment Healthcare Shares Jump

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U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 1% on Tuesday.

The Dow traded down 0.81% to 46,292.26 while the NASDAQ fell 1.09% to 21,757.15. The S&P 500 also fell, dropping, 0.79% to 6,559.71.

Leading and Lagging Sectors

Energy shares climbed by 1.7% on Tuesday.

In trading on Tuesday, consumer discretionary stocks fell by 1.8%.

Top Headline

U.S. durable-goods orders declined by 1.4% month-over-month to $315.5 billion in February, following a revised 0.5% fall in the previous month, recording the third consecutive decline in orders.

Equities Trading UP
           

  • Huachen AI Parking Management Technology Holding Co., Ltd (NASDAQ:HCAI) shares shot up 230% to $0.4840 after the company disclosed a regulatory update tied to its Nasdaq listing compliance.
  • Shares of Alignment Healthcare, Inc. (NASDAQ:ALHC) got a boost, surging 14% to $21.24. Shares of health insurance companies traded higher after the Centers for Medicare & Medicaid Services announced a 2.48% rate hike for 2027 Medicare Advantage and …

Full story available on Benzinga.com

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