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Nasdaq Jumps 250 Points; Disney Earnings Beat Estimates
U.S. stocks traded higher this morning, with the Dow Jones index gaining around 1% on Wednesday.
The Dow traded up 0.96% to 39,372.63 while the NASDAQ rose 1.55% to 16,619.78. The S&P 500 also rose, gaining, 1.37% to 5,312.03.
Leading and Lagging SectorsInformation technology shares climbed by 2% on Wednesday.
In trading on Wednesday, health care shares rose by just 0.2%.
Top HeadlineWalt Disney Co (NYSE:DIS) reported better-than-expected fiscal third-quarter earnings.
The company posted revenue growth of 4% year-on-year to $23.16 billion, marginally beating the analyst consensus estimate of $23.11 billion. Adjusted EPS of $1.39 beat the analyst consensus estimate of $1.20.
Equities Trading UP
Aditxt, Inc. (NASDAQ:ADTX) shares shot up 81% to $1.7698. Aditxt said its subsidiary, Pearsanta, Inc. submitted a proposal ...