Mixed US Stock Markets See Big Gains from Dow and a Big Jump in Cardinal Health
US stocks traded in mixed fashion on Tuesday, with the Dow Jones index posting a gain of over 150 points. The Dow rose by 0.33% to 54,155.51, while the NASDAQ fell 0.19% to 26,556.16.
The S&P 500 also saw an increase, rising by 0.05% to 7,757.09. Industrials shares led the charge, jumping 1%, while communication services stocks lagged behind with a decline of 1.1%.
Cardinal Health's quarterly earnings report sent its stock price soaring around 8%. The company reported adjusted earnings of $2.91 per share, beating market estimates of $2.42 per share. However, its sales came in at $63.672 billion, falling short of expectations of $65.029 billion.