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Dow Jumps Over 300 Points; US Trade Gap Narrows In June
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.88% to 39,042.26 while the NASDAQ rose 0.76% to 16,323.66. The S&P 500 also rose, gaining, 1.06% to 5,241.40.
Leading and Lagging SectorsIndustrials shares climbed by 1.7% on Tuesday.
In trading on Tuesday, communication services shares rose by 0.6%.
Top HeadlineThe trade deficit in the U.S. shrank to $73.1 billion in June versus the revised gap of $75 billion in the previous month. However, analysts were expecting a gap pf $72.5 billion. Exports increased by 1.5% to $265.9 billion in June.
Equities Trading UP
VBI Vaccines Inc. (NASDAQ:VBIV) shares shot up 178% to $0.1752.
Shares of Regencell Bioscience Holdings Limited (NASDAQ:RGC) got a boost, surging 71% to $11.35 .
Lumen Technologies, Inc. (NYSE:LUMN) shares were also up, gaining 57% to $4.07 after the ...