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Dow Jumps 400 Points; US Retail Sales Flat For June
U.S. stocks traded higher this morning, with the Dow Jones index rising more than 400 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 1% to 40,614.31 while the NASDAQ rose 0.14% to 18,498.00. The S&P 500 also rose, gaining, 0.33% to 5,649.84.
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Leading and Lagging SectorsIndustrials shares jumped by 1.2% on Tuesday.
In trading on Tuesday, energy shares fell by 0.6%.
Top Headline
U.S. retail sales came in flat month-over-month for June compared to a revised 0.3% gain in the previous period.
Equities Trading UP
Silo Pharma, Inc. (NASDAQ:SILO) shares shot up 83% to $1.97 after the company obtained an exclusive global license to develop, manufacture, and commercialize its Alzheimer’s drug.
Shares of Yoshitsu Co., Ltd (NASDAQ:TKLF) got a boost, surging 78% to $0.5450 after the company reported ...