During midday trading, U.S. stocks were on the rise, with the Dow Jones index increasing by more than 100 points on Tuesday. The Dow climbed 0.22% to 48,469.41, while the NASDAQ went up by 0.40% to reach 23,521.69. The S&P 500 also experienced gains, rising by 0.34% to 6,901.90. Communication services sector shares saw a 0.5% increase, while consumer staples stocks dropped by 0.5% on Tuesday. U.S. durable goods orders fell by 2.2% month-over-month to $307.4 billion in October, contrasting a revised 0.7% growth from September, missing market expectations of a 1.5% decline. Noteworthy stock movements include Novo Nordisk A/S (NYSE: NVO) which surged 9% to $52.30 following FDA approval of its Wegovy pill, and Highway Holdings Ltd (NASDAQ: HIHO) which also saw an increase. For more details, visit Benzinga.com.