U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 200 points on Wednesday.
The Dow traded up 0.34% to 47,247.64 while the NASDAQ gained 0.96% to 23,572.70. The S&P 500 also rose, gaining, 0.67% to 6,817.18.
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Leading and Lagging Sectors
Communication services shares jumped by 1.7% on Wednesday.
In trading on Wednesday, real estate stocks fell by 0.1%.
Top Headline
U.S. crude oil inventories surged by 5.202 million barrels in the week ending Oct. 31, compared to market estimates of a 0.6-million increase.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded down 1% to $59.98 while gold traded up 1% at $3,999.00.
Silver traded up 1.5% to $47.975 on Wednesday, while copper rose 0.6% to $4.9770.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.23%, while Spain's IBEX 35 Index rose 0.39%. London's FTSE 100 rose 0.64%, Germany's DAX 40 rose 0.42% and France's CAC 40 gained 0.08% during the session.
Asia Pacific Markets
Asian markets closed mixed on Wednesday, with Japan's Nikkei 225 falling 2.50%, Hong Kong's Hang Seng declining 0.07% and China's Shanghai Composite gaining 0.23%.
Economics
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