U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 100 points on Wednesday.
The Dow traded up 0.36% to 34,221.83 while the NASDAQ rose 1.06% to 11,292.79. The S&P 500 also rose, gaining, 0.61% to 4,027.81.
Leading and Lagging Sectors
In trading on Wednesday, energy shares fell by 2%.
Deere & Company (NYSE: DE) reported better-than-expected Q4 earnings and sales results.
Deere reported Q4 sales of $15.54 billion, beating the consensus of $13.39 billion. Q4 EPS of $7.44 surpassed the consensus of $7.11.
Deere said it sees FY23 net income of $8-$8.5 billion.
Equities Trading UP
- Manchester United plc (NYSE: MANU) shares shot up 17% to $17.43 after the company announced a process to explore strategic alternatives.
- Shares of Full Truck Alliance Co. Ltd. (NYSE: YMM) got a boost, shooting 13% to $6.95 after the company reported better-than-expected Q3 adjusted earnings per ADS and sales results.
- Porch Group, Inc. (NASDAQ: PRCH) shares were also up, gaining 24% to $1.85. Porch Group Director, CEO, CHAIRMAN AND FOUNDER Matt …