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Dow Jumps Over 200 Points; Performance Food Group Shares Gain After Q4 Results
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 200 points on Wednesday.
The Dow traded up 0.60% to 40,005.76 while the NASDAQ rose 0.01% to 17,189.62. The S&P 500 also rose, gaining, 0.32% to 5,451.67.
Leading and Lagging SectorsFinancials shares climbed by 0.6% on Wednesday.
In trading on Wednesday, communication services shares fell 1.5%.
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Performance Food Group Company (NYSE:PFGC) shares gained 8% on Wednesday following the release of quarterly results.
The company reported fourth quarter adjusted earnings per share of $1.45 (+27.2%), beating the analyst consensus estimate of $1.37. Quarterly sales of $15.189 billion missed the street view of $15.266 billion.
Equities Trading UP
Avalon Globocare Corp (NASDAQ:ALBT) shares shot up 133% to $0.6122 after the company announced its Laboratory Services MSO, LLC has begun manufacturing the GeeWhiz external male catheter.
Shares of ...