US stocks were higher at the end of trading, with the Dow Jones up around 450 points on Wednesday.
The Dow was up 1.45% to 31,596.87, while the NASDAQ was up 1.99% to 11,774.77. The S&P 500 was also up 1.74% to 3,976.30.
Also Check This: The Fear & Greed Index remains in the “fear” zone as US stocks fall
Leading and lagging sectors
Utilities shares rose 2.6% on Tuesday. Meanwhile top winner in the sector included Azure Power Global Limited AZREup to 32% and Sunnova Energy International Inc. NOVA increased by 10%.
In Tuesday trading, energy stocks fell 1.5%.
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The trade deficit narrowed by $10.2 billion in July to a nine-month low of $70.7 billion. Exports from the US rose 0.2% month-on-month to $259.3 billion, while imports fell 2.9% to $329.9 billion.
Stock trading UP
- Glaukos Corporation GKOS Shares rose 25% to $60.29 after the company announced topline data for both pivotal Phase 3 studies of iDose TR, which met their pre-specified primary efficacy endpoints over 3 months in both Phase 3 studies achieved and demonstrated excellent tolerability and a favorable safety profile at 12 months.
- shares of Sidus Space, Inc. SIDU received a boost, surging 24% to $3.3075 after the company announced it had signed a launch agreement with SpaceX for five launches beginning in early 2023.
- IMARA Inc. IMRA Shares were also higher, up 63% to $1.88 after the company announced it had entered into an asset purchase agreement with Cardurion Pharmaceuticals to acquire Tovinontrin and other assets of its PDE9 program for $34.75 million to sell in advance.
Stocks are trading down
- CleanTech Acquisition Corp. CLAQ Shares fell 33% to $6.35 after the company reported shareholder voting results in an 8K filing.
- shares of Great Panther Mining Limited GPL fell 55% to $0.38. Great Panther recently announced that it will file a letter of intent to make a proposal under the Bankruptcy and Insolvency Act (Canada).
- UiPath Inc. AWAY was…
