U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 300 points on Wednesday.
The Dow traded up 0.79% to 46,489.92 while the NASDAQ rose 0.95% to 21,967.56. The S&P 500 also rose, gaining, 0.72% to 6,603.85.
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Leading and Lagging Sectors
Materials shares climbed by 1.9% on Wednesday.
In trading on Wednesday, energy stocks fell by 0.2%.
Top Headline
Chewy Inc (NYSE:CHWY) shares jumped around 14% on Wednesday after the online pet‑care retailer delivered a stronger‑than‑expected fourth quarter and rolled out a solid fiscal guidance for 2026.
Chewy posted fourth-quarter 2025 adjusted earnings of 27 cents per share, beating the consensus of 20 cents and within the management guidance of 24 cents to 27 cents.
The retailer of pet supplies reported sales of $3.265 billion, up 0.5% year over year (+8.1% on a normalized 13-week basis), compared to the consensus of $3.262 billion and the management guidance of $3.24 billion-$3.26 billion.
Equities Trading UP
- Sarepta Therapeutics Inc (NASDAQ:SRPT) shares shot up 29% to $22.63 after the …
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