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Oct 15, 2025 4:00 PM

Gold Gains Over 1%; Abbott Shares Fall After Q3 Results

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Wednesday.

The Dow traded up 0.06% to 46,299.96 while the NASDAQ climbed 0.52% to 22,639.61. The S&P 500 also rose, gaining, 0.33% to 6,666.08.

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Leading and Lagging SectorsCommunication services shares jumped by 1.6% on Wednesday.

In trading on Wednesday, health care stocks rose by 0.1%.

Top Headline

Abbott Laboratories (NYSE:ABT) stock fell around 2.6% on Wednesday after the company reported muted sales in the third quarter and narrowed fiscal 2025 guidance.

The company reported third-quarter sales of $11.37 billion, slightly missing the consensus of $11.40 billion. The U.S. MedTech giant reported adjusted earnings of $1.30, in line with Wall Street estimates and within the management guidance of $1.28-$1.32.

Abbott Laboratories narrowed its fiscal 2025 adjusted earnings guidance from $5.10 to $5.20 ...