Crude Oil Gains Over 1%; UP Fintech Shares Plunge

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 150 points on Wednesday.

The Dow traded up 0.40% to 45,599.62 while the NASDAQ rose 0.29% to 21,607.01. The S&P 500 also rose, gaining, 0.31% to 6,485.90.

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Leading and Lagging SectorsEnergy shares jumped by 0.7% on Wednesday.

In trading on Wednesday, materials stocks fell by 0.1%.

Top Headline

Crude oil inventories in the U.S. declined by 2.392 million barrels to 418.3 million barrels in the week ended Aug. 22, compared to market estimates of a 2 million-barrel drop.

Equities Trading UP           

MongoDB, Inc. (NASDAQ:MDB) shares shot up 32% to $283.92 after the company reported better-than-expected second-quarter financial results ...