U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining over 350 points on Thursday.
The Dow traded up 0.91% to 40,215.50 while the NASDAQ rose 0.59% to 17,444.67. The S&P 500 also rose, gaining, 0.57% to 5,458.21.
Leading and Lagging Sectors
Industrials shares jumped by 1.8% on Wednesday.
In trading on Wednesday, utilities shares fell by 0.8%.
Top Headline
Northrop Grumman Corp(NYSE:NOC) reported better-than-expected second-quarter earnings and raised its guidance.
Northrop Grumman reported second-quarter fiscal 2024 sales growth of 7% year-over-year to $10.218 billion, beating the consensus of $10.018 billion. Second-quarter EPS was $6.36 compared to $5.34 a year...