Gold Gains Over 1%; Amer Sports Posts Upbeat Earnings
1. Amer Sports reported 23% revenue growth to $1.47 billion this quarter. 2. Adjusted EPS of 27 cents exceeded the expected 15 cents consensus. 3. Shares of Amer Sports rose 17% following the strong earnings report. 4. Overall U.S. stocks faced declines with major indices down on Tuesday. 5. Utilities slightly gained while information technology stocks dipped by 0.8%.