Nasdaq Surges 1%; US Construction Spending Rises In February – bioAffinity Technologies (NASDAQ:BIAF), Aptose Biosciences (NASDAQ:APTO)

U.S. stocks traded greater midway through trading, with the Nasdaq Composite acquiring more than 1% on Tuesday.

The Dow traded up 0.26% to 42,110.35 while the NASDAQ increased 1.06% to 17,481.99. The S&P 500 likewise increased, acquiring, 0.59% to 5,644.98.

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Leading and Lagging Sectors

Customer discretionary shares increased by 0.2% on Tuesday.

In trading on Tuesday, healthcare shares toppled by 1.2%.

Leading Heading

U.S. building and construction costs increased 0.7% month-over-month in February following a modified 0.5% fall in January.

Equities Trading UP

• bioAffinity Technologies, Inc. BIAF shares soared 260% to $0.9349 following a year-over-year boost in FY24 monetary outcomes.
• Shares of Microvast Holdings, Inc. MVST got an increase, rising 24% to $1.4450 after the business reported better-than-expected fourth-quarter monetary outcomes.
• PVH Corp. PVH shares were likewise up, acquiring 17% to $75.60 following a fourth-quarter adjusted EPS and profits beat. Furthermore, the business revealed strategies to participate in a $500 million sped up share bought program

Equities Trading DOWN

• Aptose Biosciences Inc. APTO shares dropped 54% to $1.45 after the business revealed it is going to delist from the Nasdaq.
• Shares of Cambium Networks Corporation CMBM were down 52% to $0.3354 after the business revealed that it will postpone Kind 10-K declare 2024.
• Open Financing Corporation LPRO was down, falling 40% to $1.6496 after the business revealed weak quarterly outcomes.

Products

In product news, oil traded down 0.1% to $71.38 while gold traded up 0.2% at $3,155.50.

Silver traded down 0.6% to $34.41 on Tuesday, while copper fell 0.2% to $5.0230.

Euro zone

European shares were greater today. The eurozone’s STOXX 600 leapt 0.46%, Germany’s DAX 40 increased 0.79% and France’s CAC 40 climbed up 0.45%. Spain’s IBEX 35 Index climbed up 0.69%, while London’s FTSE 100 increased 0.09%.

Asia Pacific Markets

Asian markets closed combined on Tuesday, with Japan’s Nikkei 225 acquiring 0.02%, China’s Shanghai Composite Index acquiring 0.38%, Hong Kong’s Hang Seng Index increasing 0.38% and India’s BSE Sensex dipping 1.80%.

Economics

• The S&P International United States production PMI can be found in at 50.2 for March, versus the initial reading of 49.8.
• The ISM production PMI decreased to 49 in March compared to a reading of 50.3 in February, and likewise missing out on market quotes of 49.5.
• U.S. building and construction costs increased 0.7% month-over-month in February following a modified 0.5% fall in January.
• The variety of task openings fell by 194,000 to 7.568 million in February compared to a modified 7.762 million in the previous month.

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