Mid-Day Market Update: Crude Oil Rises 2%; Aurora Cannabis Shares PlungePosted by On


Midway through trading Wednesday, the Dow traded up 0.25% to 29,495.35 while the NASDAQ rose 1.57% to 11,735.65. The S&P also rose, gaining 0.74% to 3,571.69.

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 10,258,090 cases with around 239,690 deaths. India confirmed a total of at least 8,636,010 confirmed cases and 127,570 deaths, while Brazil reported over 5,699,000 COVID-19 cases with 162,800 deaths. In total, there were at least 51,548,260 cases of COVID-19 worldwide with over 1,273,640 deaths, according to data compiled by Johns Hopkins University.

Leading and Lagging Sectors

Information technology shares climbed 2% on Wednesday. Meanwhile, top gainers in the sector included Brooks Automation, Inc. (NASDAQ: BRKS), up 13%, and Wix.com Ltd. (NASDAQ: WIX), up 10%.

In trading on Wednesday, materials shares fell by 1%.

Top Headline

Air Products & Chemicals, Inc. (NYSE: APD) reported weaker-than-expected earnings…

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