Crude Oil Rises Sharply; Jabil Earnings Top Views

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 150 points on Tuesday.

The Dow traded down 0.70% to 42,217.89 while the NASDAQ fell 0.87% to 19,530.08. The S&P 500 also fell, dropping, 0.79% to 5,985.31.

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Leading and Lagging SectorsEnergy shares jumped by 1.4% on Tuesday.

In trading on Tuesday, health care stocks fell by 0.7%.

Top Headline

Jabil Inc. (NYSE:JBL) reported better-than-expected third-quarter results on Tuesday.

The company reported quarterly adjusted earnings per share of $2.55, beating the analyst consensus estimate of $2.31. Quarterly sales of $7.83 billion outpaced the analyst consensus estimate of $7.06 billion.

This positive performance was further bolstered by an optimistic outlook for the upcoming quarter and fiscal year 2025, and a significant investment announcement for expanding its footprint in the Southeast United States, specifically to support cloud and AI data center infrastructure customers.

Equities Trading UP           

Processa Pharmaceuticals, Inc. (NASDAQ:PCSA) ...