U.S. stocks traded mixed this morning, with the Dow Jones index falling more than 300 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.68% to 49,074.36 while the NASDAQ gained 0.56% to 23,732.71. The S&P 500 also rose, gaining, 0.23% to 6,966.23.
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Leading and Lagging Sectors
Information technology shares gained by 0.9% on Tuesday.
In trading on Tuesday, health care stocks fell by 1%.
Top Headline
General Motors Company (NYSE:GM) posted upbeat earnings for the fourth quarter, boosted its dividend and authorized a new share repurchase program.
General Motors reported fourth-quarter adjusted earnings per share of $2.51 (+30.4% year over year), beating the analyst consensus estimate of $2.20. Quarterly sales of $45.287 billion missed the Street view of $45.804 billion.
General Motors announced today that its Board of Directors has approved a 3 cents per share increase in the quarterly common …