U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 150 points on Wednesday.

Following the market opening Wednesday, the Dow traded up 0.08% to 46,642.55 while the NASDAQ rose 0.70% to 22,947.47. The S&P 500 also rose, gaining, 0.35% to 6,738.32.

Check This Out: Cramer Warns On One Chip Stock, Says Broadcom Is The Better Bet

Leading and Lagging Sectors

Information technology shares jumped by 1.1% on Wednesday.

In trading on Wednesday, energy stocks fell by 0.9%.

Top Headline

The volume of mortgage applications in the U.S. fell by 4.7% in the week ending Oct. 3, compared to a 12.7% plunge in the previous period.

Equities Trading UP
           

  • Xenetic Biosciences, Inc. (NASDAQ:XBIO) …

Full story available on Benzinga.com