U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday.

Following the market opening Tuesday, the Dow traded up 0.16% to 41,240.52 while the NASDAQ fell 0.42% to 17,651.68. The S&P 500 also fell, dropping, 0.22% to 5,604.73.

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ScanSource, Inc. SCSC reported worse-than-expected fourth-quarter financial results.

ScanSource said it sees FY25 revenues of $3.1 billion to $3.5 billion, versus estimates of $3.47 billion.

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were down 35% to $3.80 after the company announced results from Phase 3 DETECT-trial of AEZS-130-P02. Lixte Biotechnology Holdings, Inc. LIXT was down, falling 15% to $1.75.

Commodities

In commodity news, oil traded down 1% to $76.67 while gold traded down 0.4% at $2,545.10.

Silver traded down 0.3% to $29.92 on Tuesday, while copper rose 0.3% to $4.2915.

Euro zone

German economy contracted by 0.1% quarter-over-quarter in the second quarter, following a 0.2% growth in the first quarter. The GfK Consumer Climate Indicator for Germany fell to a reading of -22.0 heading into September compared to a revised -18.6 in the prior period.

Asia Pacific Markets

Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 gaining 0.47%, Hong Kong's Hang Seng Index gaining 0.43%, China's Shanghai Composite Index falling 0.24% and India's BSE Sensex rising 0.02%.

Hong Kong’s trade deficit narrowed to $21.8 billion in July versus a $30 billion gap in the year-ago month, as exports increased more than imports.

Economics

The S&P CoreLogic Case-Shiller home price index climbed by 6.5% year-over-year in June compared to a revised 6.9% rise in the prior month.

The FHFA house price index fell 0.1% in June, compared to market expectations for a 0.2% gain.

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