U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining around 50 points on Wednesday.
The Dow traded down 0.01% to 33,736.15 while the NASDAQ rose 0.42% to 13,619.46. The S&P 500 also rose, gaining, 0.14% to 4,364.45.
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Leading and Lagging Sectors
Real estate shares surged by 1% on Wednesday.
In trading on Wednesday, energy shares fell by 1.6%.
Top Headline
Producer prices in the U.S. increased 0.5% month-over-month in September, versus a 0.7% rise in the prior month, but above market expectations of 0.3%.
Equities Trading UP
Tempest Therapeutics, Inc. (NASDAQ: TPST) shares shot up 1,713% to $4.35 after the company released new data demonstrating superiority of TPST-1120 arm across multiple study endpoints in first-line hepatocellular carcinoma study.
Shares of Phio Pharmaceuticals Corp. (NASDAQ: PHIO) got a boost, shooting 60% to $2.1695 after the company announced the poster presentation of two key preclinical studies of its INTASYL compound PH-894 at the AACR-NCI-EORTC International Conference on Molecular Targets and ...