U.S. stocks traded higher this morning, with the Nasdaq Composite surging more than 3% on Wednesday.
Following the market opening Wednesday, the Dow traded up 2.85% to 47,910.78 while the NASDAQ surged 3.33% to 22,751.02. The S&P 500 also rose, gaining, 2.54% to 6,785.02.
Leading and Lagging Sectors
Consumer discretionary shares climbed by 3.9% on Wednesday.
In trading on Wednesday, energy stocks fell by 6.6%.
Top Headline
Shares of Delta Air Lines Inc (NYSE:DAL) jumped more than 10% on Wednesday after the company reported upbeat sales results for the first quarter.
The company posted quarterly earnings of 64 cents per share which missed the analyst consensus estimate of 65 cents per share. The company reported quarterly sales of $15.854 billion which beat the analyst consensus estimate of $13.944 billion.
Equities Trading UP
- Odyssey Marine Exploration Inc (NASDAQ:OMEX) shares shot up 121% to $1.84. Odyssey …
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