U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 100 points on Wednesday.
The Dow traded up 0.32% to 46,751.12 while the NASDAQ rose 0.88% to 22,989.73. The S&P 500 also rose, gaining, 0.57% to 6,752.93.
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Leading and Lagging Sectors
Information technology shares jumped by 1.1% on Wednesday.
In trading on Wednesday, consumer staples stocks fell by 0.4%.
Top Headline
U.S. crude oil inventories surged by 3.715 million barrels in the week ending Oct. 3, compared to market estimates of a 2.25-million gain.
Equities Trading UP
- Dell Technologies Inc. (NYSE:DELL) shares shot up 9% to $163.88. Wells Fargo analyst Aaron Rakers maintained Dell with an Overweight rating and raised the price target from $160 to $180, while Bernstein analyst Mark Newman maintained the stock with an Outperform rating and …