US Stocks Mixed; Coca-Cola Posts Upbeat Earnings

U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 100 points on Tuesday.

Following the market opening Tuesday, the Dow traded up 0.35% to 40,369.59 while the NASDAQ fell 0.10% to 17,349.14. The S&P 500 also fell, dropping, 0.03% to 5,527.22.

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Leading and Lagging Sectors

Real estate shares jumped by 0.6% on Monday.

In trading on Monday, energy fell by 1.2%.

Top Headline

The Coca-Cola Company (NYSE:KO) reported better-than-expected earnings for its first quarter on Tuesday.

The company posted quarterly earnings of 73 cents per share which beat the analyst consensus estimate of 72 cents per share. The company reported quarterly sales of $11.10 billion which missed the analyst consensus estimate of $11.14 billion.

Equities Trading UP
                       

• LogicMark, Inc. (NASDAQ:LGMK) shares shot up 103% to $0.0262.
• Shares of Damon Inc. (NASDAQ:DMN)got a boost, surging 86% to $0.0070.
• WW International, Inc. (NASDAQ:WW) shares were also up, gaining 62% to $0.6686 after the company announced a pharmacy integration with Eli Lilly’s LillyDirect pharmacy provider, Gifthealth.

Equities Trading DOWN

• Incannex Healthcare Inc. (NASDAQ:IXHL) shares dropped 77% to $0.1388.
• Shares of Petros Pharmaceuticals, Inc. (NASDAQ:PTPI) were down 55% to $0.0259.
• AGM Group Holdings Inc. (NASDAQ:AGMH) was down, falling 28% to $0.0965.

Commodities

In commodity news, oil traded down 2% to $60.79 while gold traded down 0.9% at $3,318.10.

Silver traded up 1.8% to $33.595 on Tuesday, while copper rose 0.3% to $4.9030.

Euro zone

European shares were mixed today. The eurozone's STOXX 600 gained 0.3%, Germany's DAX 40 gained 0.6% and France's CAC 40 fell 0.3%. Spain's IBEX 35 Index fell 0.8%, while London's FTSE 100 rose 0.4%.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with China's Shanghai Composite falling 0.05%, Hong Kong's Hang Seng Index gaining 0.16% and India's BSE Sensex gaining 0.09%.

Economics

• The number of job openings in the U.S. declined by 288,000 to 7.192 million in March, compared to market estimates of 7.48 million.
• The S&P CoreLogic Case-Shiller Home Price Index increased 4.5% year-over-year in February.
• The FHFA house price index increased by 0.1% in February versus a revised 0.3% rise in January.
• U.S. wholesale inventories climbed 0.5% month-over-month to $908 billion during March.
• The U.S. trade deficit in goods increased to $162 billion in March compared to market estimates of a $146 billion gap.

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