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Nasdaq Gains 1%; LegalZoom Shares Slide
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 1% on Wednesday.
The Dow traded up 0.50% to 39,488.59 while the NASDAQ rose 1.01% to 18,615.28. The S&P 500 also rose, gaining, 0.70% to 5,616.11.
Check This Out: Nvidia, Amazon And 2 Other Stocks Insiders Are Selling
Leading and Lagging SectorsMaterials shares jumped by 1.2% on Wednesday.
In trading on Wednesday, financials shares fell by 0.1%.
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The EIA said U.S. crude oil inventories declined by 3.444 million barrels in the week ended July 5, compared to market estimates of a 3.0 million decline.
Equities Trading UP
Virpax Pharmaceuticals, Inc. (NASDAQ:VRPX) shares shot up 87% to $2.1718 after the company announced results for a Swine Model pilot study for Probudur.
Shares of Longeveron Inc. (NASDAQ:LGVN) got a boost, surging 56% to $4.4650 after the company announced that the FDA granted Regenerative Medicine Advanced ...