U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 300 points on Wednesday.
The Dow traded up 0.68% to 49,482.63 while the NASDAQ rose 1.25% to 24,563.33. The S&P 500 also rose, gaining, 0.81% to 7,120.98.
Leading and Lagging Sectors
Energy shares jumped by 1.2% on Wednesday.
In trading on Wednesday, real estate stocks rose by just 0.4%.
Top Headline
AT&T Inc. (NYSE:T)announced upbeat financial results for its fiscal first quarter of 2026 on Wednesday.
The telecom giant reported operating revenues of $31.51 billion, a 2.9% increase from the same period last year, beating the analyst consensus estimate of $31.25 billion.
Adjusted earnings per share (EPS) stood at 57 cents, topping the analyst consensus estimate of 55 cents.
Equities Trading UP
- Axe Compute Inc (NASDAQ:AGPU) shares shot up 89% to $9.21 after the company announced it signed a 36-month enterprise infrastructure contract to …
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