On Tuesday, there was a modest uptick in stock prices following the S&P 500's fifth consecutive decline, marking its lengthiest losing streak in 2023. These losses coincided with the 10-year Treasury yield briefly surpassing 5% on Monday, a milestone not seen in 16 years.

As of 11:59 AM ET, the Dow was up 208.1016 points, or 0.6318%, at $33144.51. The Nasdaq Composite added 108.3311 points, or 0.7417%, at $14713.182. The S&P 500 rose 25.5098 points, or 0.6049%, at $4242.55. Among the 11 major S&P 500 sectors, 8 showed positive movement, with Health Care leading the way with a 0.75% increase.

The focus has now shifted to corporate earnings, with tech behemoths Microsoft and Alphabet scheduled to release their results later today.

These earnings reports are expected to hold significant sway due to the substantial influence these companies have on major stock indices. Additionally, General Electric, General Motors, and Verizon have also disclosed their earnings for the day.

Top Movers: Under $10

InMed Pharmaceuticals Inc (INM) is up 146.41% today to trade at the current level of $1.43. This comes after the company declared that it has selected a lead Alzheimer's disease drug candidate, named INM-901, following positive results from several proof-of-concept studies in a validated Alzheimer's disease treatment model.

LianBio ADR (LIAN) zoomed 130.58% in today’s trade to $3.20 after announcing an agreement with Bristol Myers Squibb for Mavacamten in China and other Asian markets.

In current trading, Terran Orbital Corp (LLAP) stock is at $0.72 following the contract declaration with Lockheed Martin and to produce 36 satellite buses for the Space Development Agency's Tranche 2 Transport Layer (T2TL) Beta constellation

Iris Energy Ltd (IREN) rose 8.12% in the early hours of today's trading to move at $3.46 after announcing that it is partnering with WEKA, the data platform software provider for performance-intensive workloads, as part of its entry into the generative AI market.

In the current trading session, TransCode Therapeutics Inc (RNAZ) jumped 11.03% to $0.34 over a previous close of $0.31 afterrevealing promising early results in its Phase 0 clinical trial of TTX-MC138 for metastatic cancer.

Ex-Dividends Stocks

Aptargroup Inc. (ATR) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.41 per share. The company has fixed October 26 as the record date for the same and will pay the actual dividend on November 16. Last year, the company distributed a total of $1.61 to its shareholders. Based on the last year's worth of payments, ATR has a trailing yield of 1.31% on the current stock price of $123.04.

Another stock that is shelling out dividends tomorrow is Commercial Metals Co. (CMC), having a market capitalization of $4.72B. It will pay a dividend of $0.16 per share, the payment date of which is November 09. Currently, the stock is trading at a trailing dividend yield of 1.61%.

Shares of Krispy Kreme Inc (DNUT) will be the talk of stock market on Wednesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.04 per share, and in the last 12 months, the company paid a total of $0.12 per share. Last year's total dividend payments show that DNUT has a trailing yield of 0.96% on the current share price of $12.82.

Fastenal Co. (FAST) is also set to go ex-dividend tomorrow. The next dividend payment from FAST will amount to $0.35 per share. October 26 has been designated as the record date for this dividend, with the actual payout scheduled for November 24. In the previous year, FAST distributed a total of $1.38 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for FAST stands at 2.42% based on the current stock price of $57.24.

Levi Strauss & Co. (LEVI) will be paying out a dividend of $0.12 per share to shareholders holding their shares as of the close of the business hours on the record date of October 26. Over the past 12 months, LEVI has paid out a total of $0.48 per share in dividends. Based on the total dividends paid out last year, LEVI boasts an impressive trailing yield of 3.38% on the current share price of $14.14.

Crypto Market Highlights

Most Shorted Stocks

Vertex Energy Inc (VTNR) was one of the most shorted stocks as of latest short interest figures, with 19.84% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 8.1. This represents a change of 2080000 shares, which corresponds to a +12.66% increase in short interest. The total value of the shares held short is estimated to be around $84.22 million. The average daily volume stands at 2.24M shares, and the market capitalization of the company is $424.47M.

The EyePoint Pharmaceuticals Inc with the symbol EYPT currently has a short interest of 25.08%. The short interest has changed by 760000 shares. The days to cover ratio stands at 11.6. The estimated value of the shares held short is approximately $50.45 million. On an average day, 531.60K shares are traded, with the company's market capitalization totaling $254.30M.

For the stock Callon Petroleum Co. (CPE), the current short interest is at 24.8%. This represents a significant short interest change of -129,443 shares. The days needed to cover the short positions amount to 6.43. The daily trading volume hovers around 1.70 million shares, and the company's market capitalization is currently valued at $2.63 billion.

The stock BXMT has a current short interest of 25.05%. The short interest percentage has experienced increase of +41.28%% while there was a change of 9870000 shares in short interest. The ratio indicating the time required to cover short positions is 11.8. Trading activity averages at 2.85M shares per day, while the company's market capitalization stands at $3.47B.

EV Stocks to Watch

According to our ST Score evaluation, ST Microelectronics (STM) emerges as a high-quality stock in the EV industry, attaining an impressive score of 60.0. The stock's profitability, stock sentiment, and Piotroski Score are strong. However, its forecast are weak. Additionally, it is neutral in terms of value, performance, growth, and financial strength.

Our ST Score also classifies Li Auto Inc ADR (LI) as a high-quality EV stock today, presenting a Score of 60.0. The stock has strong fundamentals in terms of profitability, growth, financial strength, and Piotroski Score. However, it has weak value. The performance, stock sentiment, and forecast are neutral.

Another stock in the category, Skyworks Solutions, Inc. (SWKS) has the ST Score of 57.0, which means that the stock carries the potential for higher returns. The stock is strong in profitability, stock sentiment, and Piotroski Score but weak in growth. Value, performance, financial strength, and forecast suggest a neutral outlook.

Niu Technologies ADR (NIU) stock has the ST Score of 55.0 which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its valuation, and profitability, but its weaknesses are in its stock sentiment, and forecast. However, it shows neutral outlook in performance, growth, financial strength, and Piotroski Score.

BorgWarner Inc (BWA) currently has the ST Score of 55.0, which signifies a huge upward potential. The EV stock's strong points are its profitability, and Piotroski Score, while its weak points are its financial strength. The stock's value, performance, growth, stock sentiment, and forecast indicate a neutral outlook.