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Nasdaq Falls Over 100 Points; General Mills Earnings Top Views

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 100 points on Wednesday.

The Dow traded up 0.68% to 46,068.31 while the NASDAQ fell 0.52% to 22,218.27. The S&P 500 also fell, dropping, 0.12% to 6,598.62.

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Leading and Lagging Sectors

Consumer staples shares jumped by 1.1% on Wednesday.

In trading on Wednesday, information technology stocks fell by 0.7%.

Top Headline

General Mills, Inc. (NYSE:GIS) reported fiscal 2026 first-quarter results that came in slightly ahead of Wall Street expectations.

Adjusted earnings per share came in at 86 cents per share, topping analyst estimates of 81 cents per share, while revenue of $4.52 billion edged past projections of $4.51 billion.

Equities Trading UP
           

Equities Trading DOWN

Commodities

In commodity news, oil traded down 0.3% to $64.34 while gold traded down 0.3% at $3,714.60.

Silver traded down 1.4% to $42.335 on Wednesday, while copper fell 1.4% to $4.6285.

Euro zone

European shares were mostly higher today. The eurozone's STOXX 600 rose 0.26%, while Spain's IBEX 35 Index rose 0.11%. London's FTSE 100 rose 0.48%, Germany's DAX 40 gained 0.39% and France's CAC 40 fell 0.11% during the session.

Asia Pacific Markets

Asian markets closed mostly higher on Wednesday, with Japan's Nikkei falling 0.25%, Hong Kong's Hang Seng surging 1.78%, China's Shanghai Composite rising 0.37% and India's BSE Sensex gaining 0.38%.

Economics

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