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US Stocks Edge Higher; D.R. Horton Posts Upbeat Earnings
U.S. stocks traded higher this morning, with the Dow Jones index gaining around 40 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.10% to 41,238.64 while the NASDAQ rose 0.22% to 18,036.66. The S&P 500 also rose, gaining, 0.21% to 5,600.18.
Check This Out: Top 3 Health Care Stocks Which Could Rescue Your Portfolio In July
Leading and Lagging SectorsIndustrials shares jumped by 0.6% on Thursday.
In trading on Thursday, health care shares fell by 0.4%.
Top Headline
D.R. Horton, Inc. (NYSE:DHI) reported better-than-expected second-quarter earnings on Thursday.
D.R. reported quarterly earnings of $4.10 per share which beat the analyst consensus estimate of $3.78 per share. The company reported quarterly sales of $9.966 billion which beat the analyst consensus estimate of $9.771 billion.
Equities Trading UP
Onconetix, Inc. (NASDAQ:ONCO) shares shot up 85% to $0.2761. On July 15, Onconetix announced closing of warrant exercise for $1.11 million gross proceeds.
Shares of Silo Pharma, Inc. (NASDAQ:SILO) got a boost, surging 66% to $3.74. Silo Pharma said ...