U.S. stocks traded higher in mid-trade, with the Dow Jones up more than 100 points on Wednesday.
The Dow was up 0.40% to 30,829.94, while the NASDAQ was up 0.31% to 11,460.00. The S&P 500 was also up 0.50% to 3,875.30.
Also check this out: Market volatility spikes ahead of Fed rate decision
Leading and lagging sectors
Industrial stocks rose 1% on Wednesday. Meanwhile top winner in the sector included FREYR battery FREYup to 17% and FTAI Infrastructure Inc. FIP increased by 10%.
In Wednesday trading, shares in communications services fell 0.3%.
top heading
US crude inventories rose 1.142 million barrels for the week ended September 16, versus market estimates of a 2.161 million barrel increase, the Energy Information Administration said.
Stock trading UP
- Stabilis Solutions, Inc. SLNG Shares surged 100% to $10.32 after the company announced that it has received approval from the US Department of Energy to export domestically produced liquefied natural gas to all free trade and non-free trade countries.
- shares of ECMOHO Limited MOHO got a boost and shot up 60% to $0.1859. ECMOHO announced that it has received a delisting notice from Nasdaq. The company said it chose not to appeal the Nasdaq Listing Qualifications Department’s decision.
- Evaxion Biotech A/S EVAX Shares also rose, gaining 51% to $3.09 as the company hit a major milestone and announced it was enrolling its first patient in the global Phase 2b clinical trial of EVX-01, its personalized cancer therapy would have.
Stocks are trading down
- Senen Bio, Inc. SESN Shares fell 39% to $0.4101. Sesen Bio and privately held company Carisma Therapeutics Inc have entered into a merger agreement to combine the companies in an all stock transaction.
- shares of ShiftPixy, Inc. PIXY fell 36% to $13.87 after the company announced pricing for a $5 million private placement.
- Adamis Pharmaceuticals Corporation ADMP was bearish, falling 41% to $0.2138 as the…
