U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.53% to 46,586.90 while the NASDAQ rose 1.05% to 21,818.25. The S&P 500 also rose, gaining, 0.62% to 6,569.94.
Leading and Lagging Sectors
Industrials shares climbed by 1.8% on Wednesday.
In trading on Wednesday, energy stocks fell by 4%.
Top Headline
Shares of Nike Inc. (NYSE:NKE) dipped over 14% on Wednesday after the company reported better-than-expected financial results for the third quarter of fiscal 2026.
Nike reported third-quarter revenue of $11.28 billion, beating analyst estimates of $11.24 billion, according to Benzinga Pro. The athletic footwear and apparel company posted third-quarter earnings of 35 cents per share, beating analyst estimates of 31 cents per share.
Nike said it sees fourth-quarter sales of $10.656 billion to $10.878 billion, versus market estimates of $11.236 billion.
Equities Trading UP
- Cyclerion Therapeutics, Inc. (NASDAQ:CYCN) shares shot up 337% to $6.82 after …
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