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Crude Oil Rises Sharply; Elbit Systems Shares Fall After Q1 Results
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more than 250 points on Tuesday.
The Dow traded down 0.69% to 38,798.34 while the NASDAQ rose 0.41% to 16,990.44. The S&P 500 also fell, dropping, 0.11% to 5,298.87.
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Leading and Lagging SectorsInformation technology shares jumped by 1.5% on Tuesday.
In trading on Tuesday, health care shares fell by 1.4%.
Top Headline
Shares of Elbit Systems Ltd. (NASDAQ:ESLT) fell around 2.5% on Tuesday after the company reported results for the first quarter.
The company reported first-quarter FY24 revenue of $1.554 billion, beating the consensus of $1.463 billion. Adjusted EPS rose to $1.81 from $1.78 a year ago, beating the consensus of $1.35, according to data from Benzinga Pro.
Equities Trading UP
Insmed Incorporated (NASDAQ:INSM) shares shot up 109% to $45.90 after the company announced topline results from ASPEN Phase ...