U.S. stocks traded higher this morning, with the Dow Jones index gaining around 150 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.31% to 48,264.92 while the NASDAQ rose 0.12% to 23,139.88. The S&P 500 also rose, gaining, 0.13% to 6,809.04.
Check This Out: Wall Street’s Most Accurate Analysts Spotlight On 3 Tech Stocks Delivering High-Dividend Yields
Leading and Lagging Sectors
Energy shares rose by 1% on Wednesday.
In trading on Wednesday, information technology stocks fell by 0.1%.
Top Headline
Jabil Inc (NYSE:JBL) posted better-than-expected earnings for its first quarter.
The company posted adjusted earnings of $2.85 per share, beating market estimates of $2.70 per share. The company's quarterly sales came in at $8.305 billion versus expectations of $8.086 billion.
Equities Trading UP
- Vyne Therapeutics Inc (NASDAQ:VYNE) shares shot up 66% to $0.67 after the company announced it entered into a definitive merger agreement pursuant to combine with Yarrow Bioscience.
- Shares of Agape ATP Corp (NASDAQ:ATPC) got a boost, surging 55% to $0.14. Agape ATP issued a statement about recent volatility in its common stock, saying management is not aware of any material, undisclosed corporate developments or adverse operating conditions that would explain the recent price fluctuations.
- Aditxt Inc (NASDAQ:ADTX) shares were also up, gaining 51% to $2.14 following the company's filing of a definitive proxy statement for a special stockholder virtual meeting scheduled for Jan. 30, 2026.
Equities Trading DOWN
- Vistagen Therapeutics Inc (NASDAQ:VTGN) shares dropped 79% to $0.90 after the company announced PALISADE-3 Phase 3 study did not achieve its primary endpoint.
- Shares of Children’s Place Inc (NASDAQ:PLCE) were down 34% to $4.83 following worse-than-expected third-quarter financial results.
- Kyverna Therapeutics Inc (NASDAQ:KYTX) was down, falling 31% to $7.08 after the company announced pricing of $100 million public offering of common stock.
Commodities
In commodity news, oil traded up 1.4% to $56.06 while gold traded up 1% at $4,376.70.
Silver traded up 4.6% to $66.26 on Wednesday, while copper rose 1.7% to $5.4490.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 gained 0.3%, while Spain's IBEX 35 Index rose 0.1%. London's FTSE 100 jumped 1.6%, Germany's DAX 40 fell 0.2% and France's CAC 40 declined 0.4% during the session.
Asia Pacific Markets
Asian markets closed mostly higher on Wednesday, with Japan's Nikkei gaining 0.26%, Hong Kong's Hang Seng gaining 0.92%, China's Shanghai Composite rising 1.19% and India's BSE Sensex falling 0.14%.
Economics
The volume of mortgage applications fell 3.8% in the week ended Dec. 12, following a 4.8% growth in the previous period.
Now Read This:
Photo via Shutterstock
- No comments yet. Be the first to comment!