Dow Surges Over 50 Points; Disney Earnings Top Views

The company reported revenue growth of 1% year-on-year to $22.08 billion, marginally missing the consensus of $22.11 billion. Adjusted EPS of $1.21 beat the consensus of $1.09.

Equities Trading UP
                       

• Nuwellis, Inc. NUWE shares shot up 75% to $0.3002 after the company posted a narrower-than-expected quarterly loss.
• Shares of MMTec, Inc. MTC got a boost, surging 63% to $3.74.
• Golden Sun Health Technology Group Limited GSUN shares were also up, gaining 58% to $4.54. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement.

Equities Trading DOWN

• AgriFORCE Growing Systems Ltd. AGRI shares dropped 31% to $0.0992 after the company announced an offering of 432.5 million shares by selling stockholders.
• Shares of GreenPower Motor Company Inc. GP were down 29% to $1.2888 after the company announced a proposed public offering of common shares and warrants.
• Holdco Nuvo Group D.G Ltd NUVO was down, falling 30% to $3.67.

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Commodities

In commodity news, oil traded down 0.3% to $78.25 while gold traded down 0.4% at $2,321.80.

Silver traded down 0.4% to $27.505 on Tuesday, while copper fell 0.8% to $4.5795.

Euro zone

European shares were higher today. The eurozone's STOXX 600 rose 0.6%, Germany's DAX rose 0.5% and France's CAC 40 gained 0.3%. Spain's IBEX 35 Index rose 0.9%, while London's FTSE 100 rose 1%.

Retail sales in the Eurozone gained by 0.8% month-over-month in March compared to a revised 0.3% fall in the prior month, while construction PMI fell to 41.9 in April from 42.4 in the eralier month.

The S&P Global UK construction PMI climbed to 53.0 in April from 50.2 in the prior month, while German construction PMI declined to 37.5 in April from 38.3 a month ago. The S&P Global France Construction PMI rose to 41.5 in April  from 41 in the earlier month, while France's trade deficit shrank to €5.5 billion in March versus a revised €5.6 billion in the prior month.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Japan's Nikkei gaining 1.57%, China's Composite Index gaining 0.22%, Hong Kong's Hang Seng Index falling 0.53% and India's S&P BSE Sensex falling 0.52%.

China’s foreign exchange reserves declined by $44.83 billion to $3.201 trillion in April. The au Jibun Bank Japan services PMI fell to 54.3 versus a preliminary reading of 54.6 in April.

Economics

The Manheim Used Vehicle Value Index fell 2.3% month-over-month in April.

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