YEXT - Crude Oil Down 4%; Pharvaris Shares Spike Higher | Benzinga
U.S. stocks traded mostly flat midway through trading, with the S&P 500 turning lower on Wednesday.
The Dow traded up 0.01% to 36,126.75 while the NASDAQ rose 0.03% to 14,233.77. The S&P 500 also fell, dropping, 0.05% to 4,565.09.
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Leading and Lagging Sectors
Utilities shares rose by 1.1% on Wednesday.
In trading on Wednesday, energy shares dipped by 1.3%.
Top Headline
The EIA said crude oil inventories in the U.S. declined by 4.632 million barrels in the week ending Dec. 1, 2023, following a 1.609 million increase in the prior period.
Equities Trading UP
Sera Prognostics, Inc. (NASDAQ: SERA) shares shot up 259% to $7.79 after the company announced the DSMB overseeing its PRIME study recommended stopping enrollment due to efficacy.
Shares of MicroAlgo Inc. (NASDAQ: MLGO) got a boost, shooting 120% to $5.33 after the company announced it plans to establish a postgraduate training practice base.
Pharvaris N.V. (NASDAQ: PHVS) shares were also up, gaining 29% to $26.92 after the company announced the CHAPTER-1 Phase 2 clinical study met its primary endpoint.
Equities Trading DOWN