U.S. stocks traded lower toward the end of trading, with the Dow Jones index dipping over 700 points on Tuesday.
The Dow traded down 1.81% to 38,096.28 while the NASDAQ fell 2.13% to 15,603.71. The S&P 500 also fell, dropping, 1.79% to 4,931.86.
Check This Out: Snap, American Express And 2 Other Stocks Insiders Are Selling
Leading and Lagging Sectors
Energy shares fell by just 0.5% on Tuesday.
In trading on Tuesday, real estate shares dipped by 2.3%.
Top Headline
Marriott International (NASDAQ: MAR) reported mixed fourth-quarter financial results and issued FY24 earnings guidance below estimates.
Marriott International reported fourth-quarter adjusted earnings per share of $3.57, beating the analyst consensus of $2.12. The company reported revenue of $6.095 billion, missing the consensus of $6.20 billion.
Marriott International expects first-quarter adjusted EPS of $2.12-$2.19 versus the $2.30 estimate. The company projects FY24 adjusted EPS of $9.18-$9.52 versus the $9.69 estimate.
Equities Trading UP
Beamr Imaging Ltd. (NASDAQ: BMR) shares shot up 53% to $15.23 after rallying more than 370% on Monday. Beamr Imaging priced $12 million public offering of 1,714,200 ordinary shares ...
Related tickers: BMR, MAR, SBFM, BIOL, SIEN, FREE, DBGI.
Read Full Article