Following the market opening Tuesday, the Dow traded up 0.15 percent to 23,583.87 while the NASDAQ declined 0.1 percent to 6,779.42. The S&P also rose, gaining 0.11 percent to 2,593.84.
Leading and Lagging Sectors;
Tuesday morning, the non-cyclical consumer goods & services shares climbed by 0.41 percent. Meanwhile, top gainers in the sector includedWeight Watchers International, Inc. WTW 21.26%, up 20 percent, and Dean Foods Co DF 6.96%, up 7 percent.
In trading on Tuesday, basic materials shares fell 0.19 percent. Meanwhile, top losers in the sector included Myers Industries, Inc. MYE 5.83%, down 6 percent, and Resolute Forest Products Inc RFP 5.46% down 5 percent.
Dean Foods Co DF 6.96% reported weaker-than-expected earnings for its third quarter and lowered its FY 2017 earnings guidance.
Dean Foods posted quarterly EPS of $0.20 per share on revenue of $1.94 billion. However, analysts were expecting earnings of $0.22 per share on revenue of $1.98 billion.
Dean Foods now expects FY 2017 adjusted earnings of $0.80 to $0.90 per share, versus earlier forecast of $0.80 to $0.95 per share.
Equities Trading UP;
TOP SHIPS Inc TOPS 79.99% shares shot up 76 percent to $2.96 after surging 133.33 percent on Monday.
Shares of Cyren Ltd CYRN 45.45% got a boost, shooting up 39 percent to $2.30 after the company reported a strategic investment from Warburg Pincus Funds.
Myomo Inc MYO 40.92% shares were also up, gaining 37 percent to $5.80 after the company reported upbeat third-quarter results.
Equities Trading DOWN;
Teligent Inc TLGT 40% shares dropped 40 percent to $3.14. Teligent reported a Q3 loss of $0.12 per share on sales of $13.65 million.
Shares of Five Prime Therapeutics Inc FPRX 46.37% were down 47 percent to $23.34. Five Prime Therapeutics reported a Q3 loss of $43.3 million.
Selecta Biosciences Inc SELB 38.3% was down, falling around 40 percent to $13.59. Selecta Biosciences reported a Q3 loss of $0.66 per share on sales of $27,000.
In commodity news, oil traded down 0.07 percent to $57.31 while gold traded down 0.27 percent to $1,278.20.
Silver traded down 0.96 percent Tuesday to $17.07, while copper fell 1.17 percent to $3.1205.
European shares were mostly lower today. The eurozone’s STOXX 600 declined 0.06 percent, the Spanish Ibex Index fell 0.21 percent, while Italy’s FTSE MIB Index gained 0.23 percent. Meanwhile the German DAX slipped 0.05 percent, and the French CAC 40 dropped 0.10 percent while U.K. shares fell 0.23 percent.
The Johnson Redbook Retail Sales Index dropped 1 percent during the first week of November versus October.
U.S. job openings increased to 6.09 million in September, versus prior reading of 6.08 million, according to the Labor Department’s JOLTS report.
The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET.
The Treasury will auction 3-year notes at 1:00 p.m. ET.
Federal Reserve Chair Janet Yellen is set to speak in Washington at 3:00 p.m. ET.
Data on consumer credit for September week will be released at 3:00 p.m. ET.