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Dow Rises Over 50 Points; AutoZone Posts Downbeat Earnings - AutoZone (NYSE:AZO)

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 50 points on Tuesday.

Following the market opening Tuesday, the Dow traded up 0.16% to 42,192.35 while the NASDAQ rose 0.24% to 18,016.58. The S&P 500 also rose, gaining, 0.08% to 5,723.30.

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AutoZone, Inc AZO reported weaker-than-expected earnings for its fourth quarter on Tuesday.

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were down 27% to $13.78. Laser Photonics appointed Robert Hoffman as its new Outside Sales Director. ReShape Lifesciences Inc RSLS was down, falling 19% to $6.45.

Commodities

In commodity news, oil traded up 2.1% to $71.87 while gold traded down 0.1% at $2,652.20.

Silver traded up 0.2% to $31.16 on Tuesday, while copper rose 2.8% to $4.4710.

Euro zone

The Ifo Business Climate indicator for Germany fell to 85.4 in September versus 86.6 in the previous month.

Asia Pacific Markets

Asian markets closed higher on Tuesday, with Japan's Nikkei 225 gaining 0.57%, Hong Kong's Hang Seng Index jumping 4.13%, China's Shanghai Composite Index gaining 4.15% and India's BSE Sensex gaining 0.02%.

The au Jibun Bank Flash Japan composite PMI declined to 52.5 in September compared to a final reading of 52.9 in August.

Economics

The S&P CoreLogic Case-Shiller home price index in increased by 5.9% year-over-year in July compared to a 6.5% rise in the previous month.

The FHFA house prices index rose 0.1% in July, compared to market estimates of a 0.2% increase.

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