VJET - Crude Oil Gains Over 2%; Gaxos.ai Shares Spike Higher | Benzinga
U.S. stocks traded mixed midway through trading, with the Dow Jones gaining around 150 points on Wednesday.
The Dow traded up 0.42% to 39,170.63 while the NASDAQ fell 0.50% to 16,183.77. The S&P 500 also fell, dropping, 0.12% to 5,169.01.
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Leading and Lagging Sectors
Energy shares jumped by 1.4% on Wednesday.
In trading on Wednesday, information technology shares fell by 1.3%.
Top Headline
Crude oil inventories in the U.S. declined by 1.536 million barrels in the week ended March 8, versus market estimates of a 1.338 million gain, the EIA said.
Equities Trading UP
Gaxos.ai Inc. (NASDAQ: GXAI) shares shot up 104% to $10.86 after the company announced it acquired the rights to use certain AI-enabled technology from Ultiself.
Shares of NuCana plc (NASDAQ: NCNA) got a boost, surging 42% to $0.5560 after the company was granted a US Patent for "Phosphoramidate Derivatives For Use In The Treatment Of Cancer; Especially In The Treatment Where ...