U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining more than 100 points on Wednesday.
Following the market opening Wednesday, the Dow traded down 0.17% to 45,632.29 while the NASDAQ rose 0.53% to 21,995.12. The S&P 500 also rose, gaining, 0.64% to 6,554.06.
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Leading and Lagging Sectors
Information technology shares jumped by 2.2% on Wednesday.
In trading on Wednesday, consumer discretionary stocks fell by 0.8%.
Top Headline
Shares of Chewy, Inc. (NYSE:CHWY) fell around 14% on Wednesday after the company released results for the second quarter.
The company posted quarterly adjusted earnings of 33 cents per share, versus market estimates of 14 cents per share. The company’s quarterly sales came in at $3.104 billion versus expectations of $3.080 billion.
Equities …