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U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 50 points on Wednesday.
The Dow traded up 0.10% to 39,329.75 while the NASDAQ rose 0.34% to 18,491.35. The S&P 500 also rose, gaining, 0.24% to 5,590.26.
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Leading and Lagging Sectors
Materials shares jumped by 0.7% on Wednesday.
In trading on Wednesday, consumer discretionary shares fell by 0.2%.
Top Headline
The EIA said U.S. crude oil inventories declined by 3.444 million barrels in the week ended July 5, compared to market estimates of a 3.0 million decline.
Equities Trading UP
Equities Trading DOWN
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Commodities
In commodity news, oil traded up 1.4% to $82.57 while gold traded up 0.6% at $2,382.80.
Silver traded up 0.3% to $31.15 on Wednesday, while copper rose 1.2% to $4.6305.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.82%, Germany's DAX gained 0.83% and France's CAC 40 rose 0.86%. Spain's IBEX 35 Index rose 1.32%, while London's FTSE 100 rose 0.58%.
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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