Gold Falls 1%; Amer Sports Earnings Top Views

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U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 200 points on Tuesday.

The Dow traded down 0.35% to 49,512.48 while the NASDAQ dipped 0.93% to 25,849.08. The S&P 500 also fell, dropping, 0.56% to 7,361.93.

Leading and Lagging Sectors

Health care shares jumped by 1.2% on Tuesday.

In trading on Tuesday, materials stocks fell by 2.1%.

Top Headline

Amer Sports Inc (NYSE:AS) reported better-than-expected first-quarter financial results and raised its FY26 guidance above estimates.

Amer Sports posted adjusted EPS of 38 cents, beating market estimates of 30 cents. The company’s quarterly sales came in at $1.946 billion versus expectations of $1.835 billion.

Equities Trading UP
           

  • Amesite Inc (NASDAQ:AMST) shares shot up 198% to $2.35 after the company reported a year-over-year increase in third-quarter financial results.
  • Shares of …

Full story available on Benzinga.com

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