AMD And Pinduoduo Lead The Nasdaq Higher

U.S. indices finished higher Tuesday as traders and investors weighed recent earnings and watch for inflation data later this week.

  • The Nasdaq composite gained by 1.3% to 14,194; The Invesco QQQ Trust Series 1 QQQ traded higher by 1.1% to $359.12
  • The S&P 500 composite finished higher by 0.8% to 4,521; The SPDR S&P 500 ETF Trust SPY gaine 0.8% to $450.94
  • The Dow Jones composite gained by 1% to 11,799; The SPDR Dow Jones Industrial Average ETF Trust DIA finished higher by 1% at $354.54 

Here are the day's winners and losers from the Nasdaq-100, according to data from Benzinga Pro.
Pinduoduo Inc - ADR PDD, Amgen, Inc. AMGN and Advanced Micro Devices, Inc. AMD were among the top gainers for the QQQ.
Meta Platforms Inc FB, Moderna Inc MRNA and Paypal Holdings Inc PYPL were among the top losers for the Nasdaq-100.

Elsewhere On The Street

Peloton Interactive, Inc. PTON announced a leadership transition, along with restructuring measures as it grapples with slowing growth in a post-pandemic economy… Read More

AMC Entertainment Holdings Inc. AMC shares are trading higher as meme stocks are pushing upward today… Read More

One company that has been a disappointing investment in the last year has been social media giant Twitter Inc TWTR. The COVID-19 pandemic in 2020 was actually very good for Twitter’s business… Read More

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