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Crude Oil Rises 2%; Five Below Shares Plunge
U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 200 points on Wednesday.
The Dow traded up 0.50% to 41,160.40 while the NASDAQ fell 2.46% to 18,053.81. The S&P 500 also fell, dropping, 1.15% to 5,601.75.
Check This Out: Amazon To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday
Leading and Lagging SectorsReal estate shares jumped by 1% on Wednesday.
In trading on Wednesday, information technology shares fell by 3.2%.
Top Headline
U.S. crude oil inventories declined by 4.87 million barrels in the week ended July 12, falling for the third consecutive week, the EIA said.
Equities Trading UP
Aditxt, Inc. (NASDAQ:ADTX) shares shot up 28% to $2.04. Aditxt and Evofem amended merger agreement.
Shares of Aehr Test Systems (NASDAQ:AEHR) got a boost, surging 24% to $20.90 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.
Shimmick Corporation (NASDAQ:SHIM) shares were also ...