Dow Surges 150 Points, US Current Account Deficit Widens In Q3

U.S. stocks traded higher this morning, with the Dow Jones index gaining around 150 points on Wednesday.

Following the market opening Wednesday, the Dow traded up 0.36% to 43,607.95 while the NASDAQ rose 0.07% to 20,123.16. The S&P 500 also rose, gaining, 0.12% to 6,058.13.

Check This Out: How To Earn $500 A Month From Micron Stock Ahead Of Q1 Earnings

Leading and Lagging Sectors

Information technology shares rose by 0.5% on Wednesday.

In trading on Wednesday, energy shares fell by 0.5%.

Top Headline

The U.S. recorded a current account deficit of $310.9 billion in the third quarter compared to the revised gap of $275.0 billion in the previous period and versus market estimates of a $284 billion gap.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded up 1.2% to $70.93 while gold traded down 0.3% at $2,653.10.

Silver traded down 0.7% to $30.700 on Wednesday, while copper rose 0.3% to $4.1580.

Euro zone

European shares were mostly lower today. The eurozone's STOXX 600 rose 0.2%, Germany's DAX rose 0.2% and France's CAC 40 rose 0.4%. Spain's IBEX 35 Index gained 0.6%, while London's FTSE 100 rose 0.1%.

Asia Pacific Markets

Asian markets closed mixed on Wednesday, with Japan's Nikkei 225 falling 0.72%, Hong Kong's Hang Seng Index gaining 0.83%, China's Shanghai Composite Index gaining 0.62% and India's BSE Sensex falling 0.62%.

Economics

Now Read This:

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.