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Nasdaq Surges 200 Points; US Producer Prices Increase 0.1% In July
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 200 points on Tuesday.
The Dow traded up 0.47% to 39,542.44 while the NASDAQ rose 1.24% to 16,989.15. The S&P 500 also rose, gaining, 0.83% to 5,388.59.
Leading and Lagging SectorsInformation technology shares climbed by 1.4% on Tuesday.
In trading on Tuesday, energy shares fell 0.8%.
Top Headline
U.S. producer prices rose 0.1% month-over-month in July compared to a 0.2% increase in June and versus market expectations of 0.2%.
Equities Trading UP
Vicinity Motor Corp.. (NASDAQ:VEV) shares shot up 154% to $0.2581 after dipping around 14% on Monday.
Shares of CXApp Inc. (NASDAQ:CXAI) got a boost, surging 92% to ...