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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 Sectors
Consumer staples shares jumped by 1.1% on Wednesday.
In trading on Wednesday, information technology stocks fell by 0.7%.
Top Headline
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.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded down 0.5% to $64.23 while gold traded down 0.5% at $3,706.80.
Silver traded down 1.9% to $42.105 on Wednesday, while copper fell 1.5% to $4.6215.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 rose 0.1%, while Spain's IBEX 35 Index fell 0.1%. London's FTSE 100 rose 0.3%, Germany's DAX 40 gained 0.1% and France's CAC 40 fell 0.2% during the session.
Asia Pacific Markets
Asian markets closed mostly higher on Wednesday, with Japan's Nikkei falling 0.25%, Hong Kong's Hang Seng surging 1.78%, China's Shanghai Composite rising 0.37% and India's BSE Sensex gaining 0.38%.
Economics
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