Midway through trading Wednesday, the Dow traded up 0.05 percent to 15,975.63 while the NASDAQ surged 0.33 percent to 3,944.46. The S&P also rose, gaining 0.17 percent to 1,790.97.
Top HeadlineLowe's quarterly earnings surged to $499 million, or $0.47 per share, from $396 million, or $0.35 per share, in the year-earlier period.
Equities Trading UP J. C. Penney Company JCP shot up 8 percent to $9.41 after the company reported a wider Q3 loss. J. C. Penney also projects gross margin and comparable sales to improve versus the year-ago period.
La-Z-Boy LZB was also up, gaining 10.11 percent to $26.89 after the company reported upbeat fiscal second-quarter results and lifted its dividend.
Equities Trading DOWNThe J. M. Smucker Company SJM shares tumbled 6.36 percent to $101.68 after the company reported a 3.1% rise in its fiscal second-quarter earnings and cut its sales forecast for the year.
Commodities In commodity news, oil traded up 0.50 percent to $93.81, while gold traded down 0.97 percent to $1,261.10.
Eurozone European shares were mostly lower today. The Spanish Ibex Index fell 0.83 percent, while Italy's FTSE MIB Index tumbled 0.21 percent. Meanwhile, the German DAX rose 0.07 percent and the French CAC 40 dropped 0.09 percent while U.K. shares declined 0.22 percent.
EconomicsUS retail sales rose 0.4% in October, versus economists' expectations for a 0.1% gain.
Sales of existing homes dropped 3.2% to an annual rate of 5.12 million in October.
Crude supplies climbed 400,000 barrels for the week ending November 15, the US Energy Information Administration reported. However, analysts were expecting a fall of 500,000 barrels.
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