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U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 100 points on Wednesday.
The Dow traded up 0.02% to 39,298.72 while the NASDAQ rose 0.53% to 18,526.10. The S&P 500 also rose, gaining, 0.28% to 5,592.62.
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Leading and Lagging Sectors
Information technology shares jumped by 0.7% on Wednesday.
In trading on Wednesday, financials shares fell by 0.3%.
Top Headline
Shares of Manchester United plc (NYSE:MANU) gained around 4% on Wednesday after the company reported results for the third quarter.
The company reported quarterly loss of 31 cents per share which missed the analyst consensus estimate for a loss of 27 cents per share. The company reported quarterly sales of $172.46 million which beat the analyst consensus estimate of $162.92 million.
Equities Trading UP
Equities Trading DOWN
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Commodities
In commodity news, oil traded down 0.1% to $81.34 while gold traded up 0.9% at $2,388.90.
Silver traded up 0.9% to $31.34 on Wednesday, while copper rose 1.5% to $4.6445.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.6%, Germany's DAX gained 0.8% and France's CAC 40 rose 0.7%. Spain's IBEX 35 Index rose 1.1%, while London's FTSE 100 rose 0.5%.
Asia Pacific Markets
Asian markets closed mostly lower on Wednesday, with Japan's Nikkei gaining 0.61%, Hong Kong's Hang Seng Index declining 0.29%, China's Shanghai Composite Index dipping 0.68% and India's S&P BSE Sensex falling 0.53%.
Japanese machine tool orders climbed by 9.7% year-over-year to JPY 133,817 million in June compared to a 4.2% rise in the prior month.
Economics
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