U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 200 points on Tuesday.

Following the market opening Tuesday, the Dow traded up 0.48% to 50,375.15 while the NASDAQ fell 0.34% to 23,159.55. The S&P 500 also fell, dropping, 0.07% to 6,960.28.

Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings

Leading and Lagging Sectors

Utilities shares gained by 0.6% on Tuesday.

In trading on Tuesday, communication services stocks fell by 1.4%.

Top Headline

Coca-Cola Co (NYSE:KO) reported mixed results for the fourth quarter.

The company reported quarterly earnings of 58 cents per share which beat the analyst consensus estimate of 56 cents per share. The company reported quarterly sales of $11.800 billion which missed the analyst consensus estimate of $12.026 billion.

Coca-Cola said it sees FY2026 adjusted EPS of $3.21-$3.24, versus market estimates of $3.23.

Equities Trading UP
           

• Quince Therapeutics Inc (NASDAQ:QNCX) shares shot up 119% to $0.28 as the company has engaged LifeSci Capital to serve as its exclusive financial advisor.
• Shares of ABPRO Holdings Inc (NASDAQ:ABP) got a boost, surging 83% to $2.78 after a 13G filing disclosed that Goldman Sachs Group has a 6.8% stake in the company.
• Evommune Inc (NYSE:EVMN) shares were also up, gaining 59% to $27.04 as the company announced the top-line results for its Phase 2a trial evaluating EVO301 met its primary efficacy endpoint.

Equities Trading DOWN

• MDJM Ltd (NASDAQ:UOKA) shares dropped 66% to $0.78 after the company reported pricing of upsized $6.0 million public offering.
• Shares of Lianhe Sowell International Group Ltd (NASDAQ:LHSW) were down 62% to $0.22.
• Autozi Internet Technology (Global) Ltd (NASDAQ:AZI) was down, falling 51% to $0.86 after the company completes negotiations for acquisition of $1.87 billion in premium digital assets from crypto-asset institution for total consideration of $1.1 billion.

Commodities

In commodity news, oil traded up 0.3% to $64.58 while gold traded down 0.1% at $5,077.20.

Silver traded down 0.7% to $81.675 on Tuesday, while copper fell 0.7% to $5.9235.

Euro zone

European shares were mixed today. The eurozone's STOXX 600 fell 0.1%, while Spain's IBEX 35 Index rose 0.3%. London's FTSE 100 fell 0.4%, Germany's DAX slipped 0.2% and France's CAC 40 rose 0.1% during the session.

Asia Pacific Markets

Asian markets closed higher on Tuesday, with Japan's Nikkei jumping 2.28%, Hong Kong's Hang Seng Index gaining 0.58%, China's Shanghai Composite gaining 0.13% and India's BSE Sensex gaining 0.25%.

Economics

• U.S. retail sales stalled in December compared to a 0.6% gain in November and missing market estimates of a 0.4% gain.
• U.S. export prices rose by 0.3% month-over-month in December, while import prices increased 0.1% from the previous month.
• U.S. private employers added an average of 6,500 jobs a week during the four weeks ending Jan. 24, compared to 5,000 in the previous period, ADP reported.
• U.S. employment costs rose by 0.7% in the fourth quarter, compared to a 0.8% gain in the previous period.

Photo via Shutterstock

• No comments yet. Be the first to comment!