U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 350 points on Wednesday.
The Dow traded down 0.55% to 48,922.97 while the NASDAQ declined 1.58% to 23,335.70. The S&P 500 also fell, dropping, 1.06% to 6,889.76.
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Leading and Lagging Sectors
Energy shares gained by 2% on Wednesday.
In trading on Wednesday, information technology stocks dipped by 1.3%.
Top Headline
U.S. retail sales increased 0.6% month-over-month in November, recording the largest surge since July, compared to a revised 0.1% drop in October.
Equities Trading UP
- High Roller Technologies, Inc. (NYSE:ROLR) shares shot up 289% to $13.64 after the company announced it entered into a binding Letter of Intent with Crypto.com to launch an event-based prediction markets product in the United States of America.
- Shares of Clover Health Investments Corp (NASDAQ:CLOV) got a boost, surging 10% to $2.78 …