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US Stocks Open Lower; Dow Dips 250 Points

Benzinga Real-time News ·  Jan 25, 2023 10:15

U.S. stocks traded lower this morning, with the Dow Jones dropping around 250 points on Wednesday.

Following the market opening Wednesday, the Dow traded down 0.74% to 33,484.47 while the NASDAQ fell 1.87% to 11,122.61. The S&P 500 also fell, dropping, 1.26% to 3,966.28.

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Leading and Lagging Sectors

  • Health care shares fell by just 0.3% on Wednesday. Meanwhile, top gainers in the sector includedFennec Pharmaceuticals Inc.(NASDAQ:FENC), up 6%, andMSP Recovery, Inc.(NASDAQ:LIFW), up 6%.
  • In trading on Wednesday, information technology shares tumbled by 2.2%.

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