# The Dow traded up 0.57% to 49,219.77 while the NASDAQ rose 1.03% to 25,327.16.

*fintech · news · 2026-05-05 · Benzinga*

## Key points

- PayPal shares fell 9% despite beating revenue and earnings estimates due to margin pressure concerns.
- Materials sector led gains with a 2.1% rise, while financial stocks declined 0.2% on Tuesday.
- Oil prices dropped sharply by 4.1% to $102.03, while gold reached $4,574.90, up 1.3%.
- Sales of new single-family homes increased 7.4% in March to 682,000 units.

**Companies:** PayPal Holdings Inc.
**Countries:** United States, Germany, France, Spain, United Kingdom, India, Hong Kong

[Read the full story on Benzinga](https://www.benzinga.com/markets/market-summary/26/05/52294841/crude-oil-down-4-paypal-shares-fall-after-q1-results)

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