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U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 250 points on Wednesday.
The Dow traded up 0.65% to 40,022.71 while the NASDAQ fell 0.20% to 17,153.85. The S&P 500 also rose, gaining, 0.24% to 5,447.57.
Leading and Lagging Sectors
Financials shares climbed by 1.1% on Tuesday.
In trading on Tuesday, communication services shares fell 1.3%.
Top Headline
UBS Group AG (NYSE:UBS) posted strong second-quarter earnings.
UBS Group reported second-quarter FY24 sales of $11.9 billion, up 25% Y/Y, beating the consensus of $11.3 billion.
Underlying operating profit before tax reached $2.06 billion, significantly higher than $891 million a year ago. EPS of 34 cents beat the consensus of 12 cents.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded down 1.5% to $77.14 while gold traded down 1.1% at $2,480.10.
Silver traded down 1.5% to $27.37 on Wednesday, while copper fell 0.3% to $4.0410.
Euro zone
European shares closed higher today. The eurozone's STOXX 600 rose 0.49%, Germany's DAX rose 0.41% and France's CAC 40 rose 0.79%. Spain's IBEX 35 Index rose 0.27%, while London's FTSE 100 rose 0.56%.
Asia Pacific Markets
Asian markets closed mixed on Wednesday, with Japan's Nikkei 225 jumping 0.58%, Hong Kong's Hang Seng Index falling 0.35%, China's Shanghai Composite Index falling 0.60% and S&P BSE Sensex rising 0.19%.
Economics
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