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Dow Surges Over 100 Points; D.R. Horton Posts Upbeat Earnings
U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 100 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.34% to 37,880.89 while the NASDAQ fell 0.16% to 15,658.94. The S&P 500 also rose, gaining, 0.03% to 5,023.87.
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Leading and Lagging Sectors
Communication services shares rose by 0.6% on Thursday.
In trading on Thursday, information technology shares fell by 0.2%.
Top Headline
D.R. Horton, Inc. (NYSE: DHI) reported better-than-expected second-quarter financial results.
D.R. Horton posted GAAP EPS of $3.52, topping market estimates of $3.07. The company’s sales came in at $9.100 billion versus expectations of $8.266 billion.
Equities Trading UP
AGBA Group Holding Limited (NASDAQ: AGBA) shares shot up 165% to $1.07 after the company announced it entered into a definitive merger agreement with Triller.
Shares of Tian Ruixiang Holdings Ltd (NASDAQ: TIRX) got a boost, surging 133% to $1.1299 after gaining around 8% ...