U.S. stocks traded higher this morning, with the Dow Jones index gaining around 300 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.63% to 48,792.32 while the NASDAQ gained 0.75% to 23,126.84. The S&P 500 also rose, gaining, 0.73% to 6,846.72.
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Leading and Lagging Sectors
Energy shares gained by 2.3% on Wednesday.
In trading on Wednesday, consumer staples stocks dipped by 0.6%.
Top Headline
Netflix, Inc. (NASDAQ:NFLX) shares fell around 3% on Wednesday after the company reported fourth-quarter financial results and issued first-quarter guidance below estimates on Tuesday.
Netflix reported earnings per share of 56 cents, beating the consensus estimate of 55 cents. In addition, the company reported revenue of $12.05 billion, beating the consensus estimate of $11.97 billion.
For the …