U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.28% to 48,576.79 while the NASDAQ rose 0.02% to 23,567.10. The S&P 500 also rose, gaining, 0.15% to 6,920.17.
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Leading and Lagging Sectors
Consumer staples shares rose by 0.6% on Wednesday.
In trading on Wednesday, communication services stocks fell by 0.2%.
Top Headline
U.S. initial jobless claims declined by 10,000 from the previous week to 214,000 in the week ending Dec. 20, compared to market estimates of 223,000.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded up 0.3% to $58.58 while gold traded up 0.3% at $4,516.90.
Silver traded up 1.3% to $72.030 on Wednesday, while copper rose 1.5% to $5.6360.
Euro zone
European shares were mostly higher today. The eurozone's STOXX 600 gained 0.1%, while Spain's IBEX 35 Index rose 0.1%. London's FTSE 100 fell 0.1%, Germany's DAX 40 rose 0.2% and France's CAC 40 gained 0.2% during the session.
Asia Pacific Markets
Asian markets closed mixed on Wednesday, with Japan's Nikkei 225 falling 0.14%, Hong Kong's Hang Seng gaining 0.17%, China's Shanghai Composite rising 0.53% and India's BSE Sensex falling 0.14%.
Economics
U.S. initial jobless claims declined by 10,000 from the previous week to 214,000 in the week ending Dec. 20, compared to market estimates of 223,000.
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