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U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 1% on Wednesday.
The Dow traded up 1.15% to 49,866.82 while the NASDAQ rose 0.94% to 25,564.14. The S&P 500 also rose, gaining, 0.82% to 7,319.06.
Leading and Lagging Sectors
Materials shares jumped by 2% on Wednesday.
In trading on Wednesday, energy stocks fell by 3.7%.
Top Headline
Walt Disney (NYSE:DIS) reported better-than-expected second-quarter financial results.
Disney reported adjusted earnings of $1.57 per share for the quarter, beating the analyst consensus estimate of $1.49. Revenue increased 7% year over year to $25.17 billion, ahead of analyst estimates of $24.76 billion.
Equities Trading UP
- Entravision Communications Corp (NYSE:EVC) shares shot up 72% to $6.85 after the company reported …
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