Nasdaq Surges Over 1%; Pfizer Earnings Prime Estimates – Atkore (NYSE:ATKR), Estee Lauder Cos (NYSE:EL)

U.S. shares traded greater halfway by means of buying and selling, with the Nasdaq Composite gaining greater than 200 factors on Tuesday.

The Dow traded up 0.17% to 44,499.60 whereas the NASDAQ gained 1.19% to 19,621.76. The S&P 500 additionally rose, gaining, 0.64% to six,032.76.

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Main and Lagging Sectors

Power shares surged by 1.9% on Monday.

In buying and selling on Monday, shopper staples shares fell by 0.7%.

Prime Headline

On Tuesday, Pfizer Inc. PFE reported better-than-expected fourth-quarter earnings.

The corporate posted adjusted EPS of 63 cents, in comparison with 10 cents a 12 months in the past, beating the consensus of 47 cents. The U.S. drugmaker reported gross sales of $17.76 billion, up 22% year-over-year (up 21% operationally), beating the consensus of $17.40 billion.

Pfizer reaffirmed 2025 revenues of $61 billion-$64 billion in comparison with consensus of $63.025 billion. The corporate anticipates adjusted EPS of $2.80-$3.00 in comparison with consensus of $2.94.

Equities Buying and selling UP
                       

• Volcon, Inc. VLCN shares shot up 69% to $5.69 after the corporate introduced an settlement to be the unique distributor of Tremendous Sonic golf carts.
• Shares of Palantir Applied sciences Inc. PLTRobtained a lift, surging 25% to $104.57 after the corporate reported better-than-expected monetary outcomes for the fourth quarter and issued robust steering. A number of analysts additionally lifted worth targets following the print.
• Quantum BioPharma Ltd. QNTM shares had been additionally up, gaining 57% to $5.01 after the corporate introduced constructive medical trial outcomes for its unbuzzd dietary complement, displaying it accelerated the discount of blood alcohol focus.

Equities Buying and selling DOWN

• Universe Prescription drugs INC UPC shares dropped 34% to $0.2771 after the corporate introduced Nasdaq delisting discover.
• Shares of The Estée Lauder Corporations Inc. EL had been down 19% to $66.94 after the corporate issued weak third-quarter steering.
• Atkore Inc. ATKR was down, falling 18% to $65.31 after the corporate lowered its 2025 steering.

Commodities

In commodity information, oil traded down 0.7% to $ =72.62 whereas gold traded up 0.3% at $2,865.90.

Silver traded up 1.1% to $32.89 on Tuesday, whereas copper rose 1% to $4.3490.

Euro zone

European shares had been largely greater at the moment. The eurozone’s STOXX 600 rose 0.08%, Germany’s DAX 40 gained 0.22% and France’s CAC 40 gained 0.58%. Spain’s IBEX 35 Index rose 1.28%, whereas London’s FTSE 100 fell 0.30%.

Asia Pacific Markets

Asian markets closed greater on Tuesday, with Japan’s Nikkei 225 gaining 0.72%, Hong Kong’s Hold Seng Index leaping 2.83% and India’s BSE Sensex gaining 1.81%.

Economics

• The Logistics Supervisor’s Index rose to 62 in January versus 57.3 in December.
• The RealClearMarkets/TIPP Financial Optimism Index rose to 52 in February, in comparison with market estimates of 53.
• U.S. job openings declined by 556,000 to 7.6 million in December, in comparison with market estimates of 8.0 million.
• U.S. manufacturing facility orders fell by 0.9% from the earlier month to $578.5 billion in December, in comparison with a revised 0.8% decline within the earlier month.

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