U.S. stocks traded lower toward the end of trading, with the Dow Jones falling around 350 points on Tuesday.
The Dow traded down 0.91% to 38,633.24 while the NASDAQ fell 1.85% to 15,906.92. The S&P 500 also fell, dropping, 1.05% to 5,076.98.
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Leading and Lagging Sectors
Energy shares rose by 1.3% on Tuesday.
In trading on Tuesday, information technology shares fell by 2.2%.
Top Headline
Consolidated Communications Holdings Inc (NASDAQ: CNSL) posted a narrower-than-expected loss for its fourth quarter.
The company reported a fourth-quarter fiscal 2023 revenue decline of 7.0% year-on-year to $275.2 million, missing the analyst consensus of $276.9 million. Adjusted loss of 26 cents beat the analyst consensus loss of 36 cents.
Equities Trading UP
Dave Inc. (NASDAQ: DAVE) shares shot up 51% to $32.99 after the company reported a year-over-year increase in fourth-quarter revenue results.
Shares of Airship AI Holdings, Inc. (NASDAQ: AISP) got a boost, surging 87% to $3.08 after the company announced that it has been awarded a contract with the Department of Justice for its Acropolis Enterprise Sensor Management video and data management platform.
Apogee Therapeutics, Inc. (NASDAQ: APGE) shares were also up, gaining 51% ...
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