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Dow Falls Over 350 Points; Core & Main Posts Mixed Q4 Results
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 350 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.86% to 45,812.92 while the NASDAQ fell 0.87% to 21,756.87. The S&P 500 also fell, dropping, 0.72% to 6,533.64.
Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings
Leading and Lagging Sectors
Energy shares climbed by 1.7% on Tuesday.
In trading on Tuesday, information technology stocks fell by 1.1%.
Top Headline
Core & Main, Inc. (NYSE:CNM) posted mixed results for the fourth quarter on Tuesday.
The company posted adjusted EPS of 52 cents, beating market estimates of 42 cents. The company’s quarterly sales came in at $1.581 billion, missing expectations of $1.599 billion.
Core & Main said it sees FY2026 sales of $7.800 billion-$7.900 billion, versus estimates of $7.994 billion.
Equities Trading UP
- Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) shares shot up 94% to $0.5747 after the company announced …
Source: Benzinga