Nasdaq Moves Higher; US Crude Stocks Drop More than Projected

News Snapshot:

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining over 80 points on Wednesday. The Dow traded down 0.42% to 33,784.59 while the NASDAQ rose 0.63% to 13,640.83. The S&P 500, also fell, dropping, 0.01% to 4,378.08. Check This Out: Top 4 Materials Stocks That Could Sink Your Portfolio In June Leading and Lagging Sectors Communication services shares jumped by 0.7% on Wednesday. In trading on Wednesday, utilities shares fell by 1.2%. Top Headline U.S. crude oil inventories dropped by 9.603 million barrels in the week ending June 23, versus market estimates of a 1.757 million decline....