Dow Gains Over 200 Points; GE Aerospace Posts Upbeat Earnings

U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 200 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.43% to 52,187.83 while the NASDAQ dipped 0.86% to 26,203.04. The S&P 500 also fell, dropping, 0.24% to 7,672.13. Leading and Lagging Sectors Health care shares jumped by 2.2% on Tuesday. In trading on Tuesday, information technology stocks fell by 1.5%. Top Headline GE Aerospace (NYSE:GE) reported upbeat earnings for the third quarter and raised its FY2026 earnings forecast. The company posted quarterly earnings of $2.25 per share which beat the analyst consensus estimate of $2.00 per share. The company reported quarterly sales of $14.118 billion which beat the analyst consensus estimate of $12.849 billion. Equities Trading UP Peraso Inc (NASDAQ:PRSO) shares shot up 66% to $0.64 after the company received production order exceeding $2.0 million for 60 GHz fixed wireless access deployment. Shares of Braze Inc (NASDAQ:BRZE) got a boost, surging 51% to $45.34 after the announcement that company will be acquired by Salesforce. SCWorx Corp. (NASDAQ:WORX) shares were also up, gaining 49% to $4.0001. SCWorx shares jumped 94% on Monday after the company announced an agreement with a healthcare system to provide its healthcare supply chain data management services. Equities Trading DOWN China SXT Pharmaceuticals Inc (NASDAQ:SXTC) shares dipped 41% to $0.066 after jumping 71% on Monday. Shares of Green Circle Decarbonize Technology Ltd (NYSE:GCDT) were down 41% to $0.16 after rising 3% on Monday. The company recently announced preliminary discussions to explore and promote green industry and infrastructure projects in Japan. GMEX Robotics Corp (NASDAQ:GMEX) was down, falling 39% to $0.80. Commodities In commodity news, oil traded up 1.6% to $105.33 while gold traded down 0.6% at $4,135.90. Silver traded up 0.1% to $57.350 on Tuesday, while copper rose 0.1% to $6.5820. Euro zone European shares were lower today. The eurozone’s STOXX 600 fell 0.7%, while Spain’s IBEX 35 Index fell 0.4%, London’s FTSE 100 fell 0.8%, Germany’s DAX tumbled 0.9%, while France’s CAC 40 declined 0.9%. Asia Pacific Markets Asian markets closed mixed on Tuesday, with Japan’s Nikkei 225 falling 1.30%, Hong Kong’s Hang Seng index falling 1.32% and China’s SSE Composite Index gaining 0.12%. Economics U.S. housing starts dipped 5.2% month-over-month to an annual rate of 1.221 million in September. Building Permits fell 0.2% month-over-month to 1.400 million units in September, above market estimates of 1.390 million. Photo via Shutterstock