Nasdaq Is A Leading S&P 500 Performer Following Earnings Report

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Shares of the second-largest U.S. stock exchange are on pace for their best day in over a year.

Nasdaq, the owner of the second-largest U.S. stock exchange, posted quarterly earnings that edged past estimates and made strides in its so-called solutions businesses.

Total revenue for the period was $1.45 billion, down from the $1.56 billion recorded a year earlier. Revenue in the solutions businesses segment, which includes areas such as Capital Access Platforms and Anti-Financial Crime, rose 9%, while the figure for trading services dropped 1%.

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