U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining by more than 400 points on Thursday.
The Dow traded up 1.03% to 43,855.97 while the NASDAQ fell 0.10% to 18,948.11. The S&P 500 also rose, gaining, 0.41% to 5,941.38.
Check This Out: Jim Cramer Likes Devon Energy, But Calls Another Stock ‘Far Superior‘
Leading and Lagging SectorsEnergy shares rose by 1.5% on Thursday.
In trading on Thursday, communication services shares fell by 2.7%.
Top Headline
Deere & Co (NYSE:DE) reported better-than-expected earnings for its fourth quarter.
The company posted a fourth-quarter net sales and revenue decline of 28% year-over-year to $11.143 billion, beating the consensus of $9.335 billion. Deere clocked an EPS of $4.55, down from $8.26 YoY, beating the consensus of $3.90
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded up 1.1% to $69.61 while gold traded up 0.7% at $2,670.90.
Silver traded down 0.3% to $30.910 on Thursday, while copper fell 0.5% to $4.1340.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 0.15%, Germany's DAX gained 0.46% and France's CAC 40 rose 0.05%. Spain's IBEX 35 Index rose 0.02%, while London's FTSE 100 gained 0.57%.
Consumer confidence in the Eurozone fell by 1.2 points to a reading of -13.7 in November.
Asia Pacific Markets
Asian markets closed mostly lower on Thursday, with Japan's Nikkei 225 falling 0.85%, Hong Kong's Hang Seng Index falling 0.53%, China's Shanghai Composite Index gaining 0.07% and India's BSE Sensex falling 0.54%.
Economics
Now Read This:
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.