--- title: "Gold Down 2%; TransDigm Group Posts Upbeat Earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/305047491.md" description: "U.S. stocks fell Tuesday, with the Dow dropping over 300 points as tech led declines. TransDigm beat earnings estimates, while PepGen surged 142% and ZipRecruiter rose 24%. Conversely, Microvast plunged 64% on weak results. Gold dropped 2%, oil fell slightly, and silver declined. European and Asian markets mostly closed higher. U.S. consumer prices rose 0.4% in October, exceeding expectations." datetime: "2026-11-10T17:05:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/305047491.md) - [en](https://longbridge.com/en/news/305047491.md) - [zh-HK](https://longbridge.com/zh-HK/news/305047491.md) generator: "portal-rs" --- # Gold Down 2%; TransDigm Group Posts Upbeat Earnings U.S. stocks traded lower midway through trading, with the Dow Jones index falling over 300 points on Tuesday. The Dow traded down 0.65% to 52,050.03 while the NASDAQ dipped 1.25% to 24,936.34. The S&P 500 also fell, dropping, 0.82% to 7,488.36. **Leading and Lagging Sectors** Consumer staples shares jumped by 0.3% on Tuesday. In trading on Tuesday, information technology stocks fell 1.9%. **Top Headline** **TransDigm Group Inc** (NYSE:TDG) reported upbeat earnings for the fourth quarter on Tuesday. The company posted quarterly earnings of $12.44 per share which beat the analyst consensus estimate of $12.21 per share. The company reported quarterly sales of $2.988 billion which beat the analyst consensus estimate of $2.947 billion. **Equities Trading UP** - **PepGen Inc (**NASDAQ:PEPG) shares shot up 142% to $5.78 after the company reported third-quarter financial results. The company reported topline results from the 10 mg/kg multiple ascending dose cohort of the ongoing Phase 2 FREEDOM2-DM1 trial evaluating PGN-EDODM1 in patients with myotonic dystrophy type 1 - Shares of **Ziprecruiter Inc** (NYSE:ZIP) got a boost, surging 24% to $5.30 after the company reported better-than-expected third-quarter financial results and issued current-quarter sales guidance above estimates. - **Securitize Corp (**NYSE:SECZ) shares were also up, gaining 37% to $9.56 after the company reported better-than-expected third-quarter sales results. Also, the company announced a $50 million buyback plan. **Equities Trading DOWN** - **Digital Turbine Inc (**NASDAQ:APPS) shares dipped 34% to $7.46 despite the company reporting better-than-expected fiscal second-quarter results. - Shares of **Equipmentshare.Com Inc (**NASDAQ:EQPT) were down 22% to $12.58 following quarterly results. - **Microvast Holdings Inc (**NASDAQ:MVST) was down, falling 64% to $0.22 after the company reported worse-than-expected third-quarter financial results. **Commodities**  In commodity news, oil traded down 0.2% to $86.67 while gold traded down 2.1% at $4,028.40. Silver traded down 2.6% to $51.350 on Tuesday, while copper fell 1.4% to $6.2575. **Euro zone** European shares were mostly higher today. The eurozone’s STOXX 600 gained 0.4%, while Spain’s IBEX 35 Index rose 1.2%, London’s FTSE 100 slipped 0.1%, Germany’s DAX climbed 0.7%, while France’s CAC 40 surged 0.8%. **Asia Pacific Markets** Asian markets closed higher on Tuesday, with Japan’s Nikkei 225 gaining 2.87%, Hong Kong’s Hang Seng index rising 0.44% and China’s SSE Composite Index rising 0.08%. **Economics** - U.S. consumer prices rose 0.4% in October from the prior month, exceeding the 0.3% rate economists expected but slower than September’s 0.6% pace. - The U.S. NFIB Small Business Optimism Index slipped to 97.8 in October from 97.9 in the previous month, versus market estimates of 97.7. *Photo via Shutterstock* ### Related Stocks - [MVST.US](https://longbridge.com/en/quote/MVST.US.md) - [PEPG.US](https://longbridge.com/en/quote/PEPG.US.md) - [SECZ.US](https://longbridge.com/en/quote/SECZ.US.md) - [TDG.US](https://longbridge.com/en/quote/TDG.US.md) - [ZIP.US](https://longbridge.com/en/quote/ZIP.US.md) - [COPX.US](https://longbridge.com/en/quote/COPX.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SLV.US](https://longbridge.com/en/quote/SLV.US.md) - [SPDN.US](https://longbridge.com/en/quote/SPDN.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPUU.US](https://longbridge.com/en/quote/SPUU.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [APPS.US](https://longbridge.com/en/quote/APPS.US.md) - [EQPT.US](https://longbridge.com/en/quote/EQPT.US.md) ## Related News & Research - [Why gold's record run is breaking the global money system](https://longbridge.com/en/news/304760101.md) - [Earnings Beat Might Change The Case For Investing In TransDigm Group Stock (TDG)](https://longbridge.com/en/news/305204891.md) - [Oil can hit $150 if conflict escalates, but a price collapse is more likely: Fereidun Fesharaki](https://longbridge.com/en/news/304951240.md) - [TransDigm Group Non-GAAP EPS of $12.44 beats by $0.23, revenue of $2.99B beats by $40M, guides EPS below consensus](https://longbridge.com/en/news/305004230.md) - [Fed could hike rates by 50 basis points as oil surges, says market expert](https://longbridge.com/en/news/305213780.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**