U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 400 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.87% to 49,575.38 while the NASDAQ rose 0.70% to 24,430.83. The S&P 500 also rose, gaining, 0.69% to 7,112.74.
Leading and Lagging Sectors
Utilities shares jumped by 1.4% on Wednesday.
In trading on Wednesday, financial stocks rose by just 0.1%.
Top Headline
Boeing Co (NYSE:BA) reported better-than-expected results for the first quarter on Wednesday.
The company posted quarterly losses of 20 cents per share which beat the analyst consensus estimate of losses of 84 cents per share. The company reported quarterly sales of $22.217 billion which beat the analyst consensus estimate of $21.779 billion.
Equities Trading UP
- Axe Compute Inc (NASDAQ:AGPU) shares shot up 103% to $9.93 …
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