Following the sell-off seen last Friday and the subsequent rebound on Monday, stocks went on another roller coaster ride over the course of the trading session on Tuesday. The major averages moved to the upside early in the session before pulling sharply only to regain ground in afternoon trading.
After moving to the upside early in the session, stocks have come under considerable pressure over the course of the trading day on Tuesday. The major averages have pulled back well off their highs of the session and firmly into negative territory.
On Tuesday, Perma-Pipe International Holdings, Inc. (PPIH), a company specialized in pipes, reported significantly lower profit for the first quarter of 2026, despite higher net sales. On the Nasdaq, the shares were trading 16.13 percent lower at $26.22. Net Income for the first quarter dropped...
A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. spiked by much more than anticipated in the month of May. NAR said existing home sales surged by 3.2 percent to an annual rate of 4.17 million in May after climbing by 0.8 percent to an upwardly revised rate of 4.04 million in April.
Harley-Davidson, Inc. (HOG) announced Tuesday that it is bringing back production of the Revolution Max platform for North America to the United States as part of the Company's Back to the Bricks strategy. This includes the production of Pan America, Sportster S, and Nightster models. The move brings...
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed roughly in line with economist estimates in the month of April. The report said the trade deficit shrank to $55.9 billion in April from a revised $56.6 billion in March. Economists had expected the trade deficit to decrease to $55.8 billion from the $60.3 billion originally reported for the previous month
Tuesday, TG Therapeutics, Inc. (TGTX) announced positive topline Phase 1 data for BRIUMVI in patients with myasthenia gravis, a chronic autoimmune neuromuscular disease. At Week 24, 82 per cent of patients who received BRIUMVI achieved the Minimal Clinically Important Difference in MG-ADL, with a...
On Tuesday, restaurant chain Nathan's Famous, Inc. (NATH), which is in $450 million deal to be merged with Smithfield Foods inc., reported lower profit in the fourth quarter of 2026. Meanwhile, adjusted EBITDA reported a steady growth in the same quarter. Net income for the fourth quarter dropped...
KULR Technology Group, Inc. (KULR), an energy-systems platform, announced Tuesday the appointments of Michael Kimel as Chief Financial Officer and Steven Perez as a new independent Board member of the Company, each effective June 9, 2026. In connection with his appointment as Chief Financial Officer,...
Life sciences technology firm Quanterix Corp. (QTRX) on Tuesday announced that it has appointed Jason Faessler as chief financial officer, effective June 22. Faessler succeeds Vandana Sriram, who has been serving as CFO since August 2023 and is stepping down from the role. Jason Faessler joins...
After ending the previous session off their best levels of the day but still mostly higher, stocks may see further upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Early buying interest...
Tuesday, APi Group Corp. (APG) announced that it has completed the acquisition of Onyx-Fire Protection Services, Inc., an inspection-first provider of fire and life safety services in Canada. Also, the company shared its decision to raise its full-year 2026 outlook, reflecting an expected contribution...
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed roughly in line with estimates in the month of April. The report said the trade deficit shrank to $55.9 billion in April from a revised $56.6 billion in March. Economists had expected the trade deficit to...
Cartesian Therapeutics (RNAC) announced a strategic licensing agreement with WestGene Biopharma Co. to advance the development of in vivo chimeric antigen receptor T-cell therapies in autoimmune diseases. Cartesian is partnering with WestGene to conduct a Phase 1 dose-escalation study of the mRNA used...
While reporting financial results for the first quarter on Tuesday, sporting goods retailer Academy Sports and Outdoors, Inc. (ASO) raised its earnings, adjusted earnings, net sales and comparable sales guidance range for the full-year 2026, based on first-quarter performance. For fiscal 2026, the...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.