U.S. stocks traded lower toward the end of trading, with the Dow Jones falling more than 200 points on Wednesday.
The Dow traded down 0.69% to 33,386.73 while the NASDAQ fell 0.50% to 12,997.99. The S&P 500 also fell, dropping, 0.58% to 4,248.92.
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Leading and Lagging Sectors
Energy shares rose by 1.9% on Wednesday.
In trading on Wednesday, utilities shares fell by 2.1%.
Top Headline
Crude oil inventories in the U.S. declined by 2.17 million barrels in the week ending Sept. 22, versus a 2.13 million decline in the prior period.
Equities Trading UP
ShiftPixy, Inc. (NASDAQ: PIXY) shares shot up 95% to $0.8479. The company announced the effective date for its reverse stock split after the close. Shareholders voted to approve a reverse split on Aug. 21. After the closing bell on Tuesday, ShiftPixy said the one-for-twenty-four reverse split will take effect on Sept. 30.
Shares of SciSparc Ltd. (NASDAQ: SPRC) got a boost, shooting 37% to $0.2145. The company reported its previously announced 1-for-26 reverse share split is expected to be implemented after market close today.
MillerKnoll, Inc. (NASDAQ: MLKN) shares were also up, gaining 28% to $24.43 after the company ...