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Sep 17, 2025 12:00 PM

Dow Surges 250 Points; US Housing Starts Tumble In August

U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 250 points on Wednesday.

Following the market opening Wednesday, the Dow traded up 0.56% to 46,011.86 while the NASDAQ fell 0.36% to 22,252.63. The S&P 500 also fell, dropping, 0.04% to 6,604.37.

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Leading and Lagging SectorsConsumer staples shares jumped by 1.1% on Wednesday.

In trading on Wednesday, information technology stocks fell by 0.7%.

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U.S. housing starts dipped 8.5% month-over-month to an annual rate of 1.307 million units in August, following a revised 1.429 million in the previous month and down from market estimates of 1.37 million.

Building permits declined by 3.7% to an annualized rate of 1.312 million in August.

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