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Dow Dips Over 100 Points; Ribbon Communications Shares Spike Higher
U.S. stocks traded mixed midway through trading, with the Dow Jones falling over 100 points on Wednesday.
The Dow traded down 0.33% to 38,376.53 while the NASDAQ rose 0.21% to 15,729.04. The S&P 500 also fell, dropping, 0.11% to 5,065.22.
Check This Out: Tesla To $180? Here Are 10 Top Analyst Forecasts For Wednesday
Leading and Lagging SectorsConsumer discretionary shares climbed by 0.5% on Wednesday.
In trading on Wednesday, industrials shares fell by 1.2%.
Top Headline
The EIA said crude oil inventories in the U.S. declined by 6.368 million barrels in the week ended April 19, versus market estimates of a 1.6 million gain.
Equities Trading UP
BranchOut Food Inc. (NASDAQ:BOF) shares shot up 85% to $2.11 after the company announced it has expanded its existing relationship with the nation’s largest retailer, which brings the total annualized value of commitments from the retailer to over $8 million.
Shares of Amesite Inc. (NASDAQ: