Gold Gains Over 1%; Nutanix Shares Fall After Q1 Results

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 350 points on Wednesday.

The Dow traded up 0.75% to 47,466.81 while the NASDAQ rose 0.93% to 23,240.04. The S&P 500 also rose, gaining, 0.82% to 6,821.37.

Check This Out: Jim Cramer: This Communication Services Stock Is A Buy, Recommends Holding On To Howmet Aerospace

Leading and Lagging SectorsInformation technology shares jumped by 1.5% on Wednesday.

In trading on Wednesday, communication services stocks fell by 0.4%.

Top Headline

U.S. crude oil inventories jumped by 2.77 million barrels in the week ending Nov. 21, following a 3.426 million-barrel decline in the previous week, and versus market estimates of a 0.5-million decrease.

Equities Trading UP

Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) shares shot up 19% to $55.90 after the company reported better-than-expected quarterly financial results.

Shares of Amber International Holding Limited

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Gold Gains Over 1%; Nutanix Shares Fall After Q1 Results

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