Market Overview - U.S. stocks traded higher, with the Nasdaq Composite gaining around 200 points on Tuesday [1] - The Dow increased by 0.05% to 47,310.70, the NASDAQ rose by 0.86% to 23,476.42, and the S&P 500 gained 0.42% to 6,841.03 [1] Sector Performance - Information technology shares jumped by 1.3% on Tuesday [1] - Energy stocks fell by 1% during the same trading session [1] Company Earnings - United Natural Foods Inc (NYSE:UNFI) reported first-quarter adjusted EPS of 56 cents, exceeding the analyst consensus estimate of 41 cents [2] - The company's quarterly sales were $7.840 billion, which fell short of the analyst consensus estimate of $7.911 billion [2] Commodity Prices - Oil traded down 0.7% to $58.88, while gold decreased by 0.4% to $4,259.10 [4] - Silver also fell by 0.4% to $58.910, whereas copper rose by 0.1% to $5.3060 [4] International Markets - European shares were mostly higher, with the eurozone's STOXX 600 rising by 0.2% and Spain's IBEX 35 Index increasing by 0.7% [5] - Asian markets closed mixed, with Japan's Nikkei gaining 0.001% and Hong Kong's Hang Seng rising by 0.24%, while China's Shanghai Composite fell by 0.42% and India's BSE Sensex decreased by 0.59% [6] Notable Stock Movements - Polyrizon Ltd (NASDAQ:PLRZ) shares surged 110% to $6.63 after announcing a manufacturing upscaling milestone [9] - Eventbrite Inc (NYSE:EB) shares increased by 78% to $4.44 following the announcement of its acquisition by Bending Spoons for approximately $500 million [9] - Fitell Corp (NASDAQ:FTEL) shares rose by 54% to $1.85 after announcing an interim dividend and shareholder loyalty program [9] - Janux Therapeutics Inc (NASDAQ:JANX) shares dropped 49% to $17.39 after releasing updated interim data [9] - American Bitcoin Corp (NASDAQ:ABTC) shares fell by 48% to $1.85, and Fly-E Group Inc (NASDAQ:FLYE) decreased by 29% to $11.21 [9]
Nasdaq Surges 200 Points; United Natural Foods Posts Upbeat Earnings