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Dow Gains Over 50 Points; US Producer Prices Increase More Than Projected

U.S. stocks traded slightly higher this morning, with the Dow Jones index gaining more than 50 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.16% to 39,492.99 while the NASDAQ rose 0.09% to 16,402.40. The S&P 500 also rose, gaining, 0.03% to 5,222.93. Check This Out: Top 5 Tech And Telecom Stocks Which Could Rescue Your Portfolio This Quarter Leading and Lagging SectorsInformation technology shares rose by 0.5% on Tuesday. In trading on Tuesday, industrials shares fell by 0.5%. Top Headline U.S. producer prices rose 0.5% month-over-month in April compared to a revised 0.1% decline in March and higher than market expectations of 0.3%. Equities Trading UP                        Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) shares shot up 195% to $3.49 as the company reported pricing of $8.19 million follow-on public offering. Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC) got a boost, surging 121% to $11.48 after surging 78% on Monday. GameStop Corp. (NYSE:GME) shares were also up, gaining ...