VRA - Crude Oil Moves Higher; Vera Bradley Shares Slide | Benzinga
U.S. stocks traded higher toward the end of trading, with the S&P 500 surging around 1% on Wednesday.
The Dow traded up 0.06% to 38,771.21 while the NASDAQ rose 1.77% to 17,651.35. The S&P 500 also rose, gaining, 1.03% to 5,430.69.
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Leading and Lagging Sectors
Information technology shares jumped by 3% on Wednesday.
In trading on Wednesday, consumer staples shares fell by 1%.
Top Headline
The EIA said stocks of crude oil in the U.S. climbed by 3.730 million barrels in the week ending June 7, versus market expectations for a 1.55 million barrels decline.
Equities Trading UP
- DDC Enterprise Limited (NYSE:DDC) shares shot up 241% to $1.75. DDC Enterprise said it has acquired beloved Asian food brand, Omsom.
- Shares of Beamr Imaging Ltd. (NASDAQ:BMR) got a boost, surging 27% to $5.57 after the company announced that its Beamr Cloud solution has achieved Powered by Expertise and is now available in the Oracle Cloud Marketplace.
- Avidity Biosciences, Inc. (NASDAQ:RNA) shares were also up, gaining 29% to $37.19 after the company announced initial AOC 1020 data from the ...