Midway through trading Tuesday, the Dow traded up 0.12 percent to 23,376.25 while the NASDAQ climbed 0.40 percent to 6,725.75. The S&P also rose, gaining 0.14 percent to 2,576.31.
Leading and Lagging Sectors;
On Tuesday, the non-cyclical consumer goods & services shares climbed by 1.07 percent.
In trading on Tuesday, healthcare shares fell 0.04 percent. Meanwhile, top losers in the sector included Insys Therapeutics Inc INSY 12.41%, down 6 percent, and Peregrine Pharmaceuticals PPHM 4.77% down 5 percent.
Mastercard Inc MA 1.59% reported stronger-than-expected results for its third quarter on Tuesday.
Mastercard reported Q3 earnings of $1.34 per share on revenue of $3.4 billion. However, analysts expected earnings of $1.23 per share on sales of $3.28 billion.
Equities Trading UP;
Trex Company Inc TREX 23.48% shares shot up 23 percent to $107.50 after the company reported upbeat results for its third quarter.
Shares of MarineMax Inc HZO 21.71% got a boost, shooting up 20 percent to $18.30 as the company posted better-than-expected Q4 results.
Harmonic Inc HLIT 18.94% shares were also up, gaining 24 percent to $3.65 after the company reported upbeat Q3 results. Avid and Harmonic also signed a global patent licensing agreement, settling patent infringement litigation.
Equities Trading DOWN;
Lombard Medical Inc EVAR 23.38% shares dropped 23 percent to $0.290. Lombard Medical reported first 6 months sales of $2.7 million. The company expects Q4 sales of $1.9 million to $2.1 million and FY18 sales of $10 million to $12 million.
Shares of Nautilus, Inc. NLS 19.02% were down 18 percent to $13.32 as the company posted downbeat quarterly revenue. SunTrust Robinson Humphrey downgraded Nautilus from Buy to Hold.
Under Armour Inc UAA 17.61% was down, falling around 17 percent to $13.68 as the company reported weaker-than-expected revenue for its third quarter lowered its 2017 forecast.
In commodity news, oil traded down 0.22 percent to $54.03 while gold traded down 0.59 percent to $1,270.10.
Silver traded down 0.93 percent Tuesday to $16.69, while copper fell 0.34 percent to $3.1015.
European shares were higher today. The eurozone’s STOXX 600 gained 0.29 percent, the Spanish Ibex Index rose 0.62 percent, while Italy’s FTSE MIB Index gained 0.18 percent. Meanwhile the German DAX climbed 0.09 percent, and the French CAC 40 gained 0.14 percent while U.K. shares rose 0.04 percent.
The Federal Open Market Committee will begin its two-day policy meeting today.
The employment cost index gained 0.7 percent for the third quarter, matching economists’ expectations for a 0.7 percent growth
The Johnson Redbook Retail Sales Index slipped 1.3 percent during the first four weeks of October versus September.
The Chicago PMI climbed to 66.2 in October, compared to 65.2 in the previous month. However, economists were expecting a reading of 61.
The Conference Board Consumer Confidence Index increased to 125.9 in October, versus a revised reading of 120.6 in September. Economists projected a reading of 121.