U.S. indices traded higher as stocks rebounded following Tuesday's dip, with stocks experiencing continued volatility amid the Russia-Ukraine conflict. The conflict has weighed on global economic sentiment but lifted oil prices amid supply concerns.
- The Nasdaq composite finished higher by 1.70% to 14,243; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) gained 1.68% to $347.22
- The S&P 500 traded higher by 1.86% to 4,386; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) gained 1.84% to $437.89
- The Dow Jones composite traded higher by 1.95% to 11,509; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished higher by 1.73% to $339.00
Here are the day's winners and losers from the Nasdaq, according to data from Benzinga Pro.
Micron Technology, Inc. (NASDAQ:MU), Lululemon Athletica Inc (NASDAQ:LULU) and Advanced Micro Devices, Inc. (NASDAQ:AMD) were among the top gainers for the QQQ Wednesday.
Pinduoduo Inc - ADR (NASDAQ:PDD), Docusign Inc (NASDAQ:DOCU) and JD.Com Inc (NASDAQ:JD) were among the top losers for the Nasdaq.
Elsewhere On The Street
After weeks of speculation, Ford Motor Company (NYSE:F) confirmed it is taking steps to unlock the value of its EV business and improve operational efficiency, while also scaling EV manufacturing… Read More
Nordstrom Inc. (NYSE:JWN) shares were trading higher Wednesday after the company reported better-than-expected fourth-quarter EPS and sales results… Read More
The SPY traded sharply higher on Wednesday after Federal Reserve chair Jerome Powell testified in front of Congress… Read More
