Mid-Morning Market Update: Markets Mostly Flat; McCormick Tops Q3 Views
Following the market opening Tuesday, the Dow traded down 0.02% to 27577.74 while the NASDAQ rose 0.24% to 11143.90. India confirmed a total of at least 6,145,290 confirmed cases and 96,310 deaths, while Brazil reported over 4,745,460 COVID-19 cases with 142,050 deaths. McCormick said it expects FY20 adjusted EPS of $5.64 to $5.72 per share, versus analysts’ estimates of $5.76 per share. U.S. Energy Corp. (NASDAQ:USEG) shares shot up 191% to $12.51 after the company announced the acquisition of non-operated producing properties in New Mexico.