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Gold Rises Over 1%; Arcos Dorados Shares Fall After Q1 Results

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 1% on Wednesday. The Dow traded up 0.68% to 39,827.63 while the NASDAQ rose 1.29% to 16,723.91. The S&P 500 also rose, gaining, 1.03% to 5,300.57. Check This Out: Wall Street’s Most Accurate Analysts’ Views On 3 Materials Stocks Delivering High-Dividend Yields Leading and Lagging SectorsUtilities shares rose by 1.5% on Wednesday. In trading on Wednesday, energy shares fell by 0.8%. Top Headline Shares of Arcos Dorados Holdings Inc. (NYSE:ARCO) fell around 5% on Wednesday after reporting results for its first quarter The company reported total revenues of $1.081 billion in the first quarter, up 9.1% versus the prior year. Quarterly sales marginally beat the analyst consensus of $1.020 billion. Arcos Dorados reported first-quarter earnings per share of 14 cents, missing the street view of 17 cents. Equities Trading UP                        OptimizeRx Corporation (NASDAQ:OPRX) shares shot up 23% to $12.90 following upbeat quarterly results. Shares of Edible Garden AG Incorporated (NASDAQ:EDBL) got a boost, surging 30% to $5.57 following first-quarter results. iPower Inc. (NASDAQ:IPW) shares were also up, gaining 34% to $1.19 after ...