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Crude Oil Gains Over 3%; US Manufacturing Activity Contracts For 14th Consecutive Month

Benzinga ·  Jan 3 12:01

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 150 points on Wednesday.

The Dow traded down 0.79% to 37,417.28 while the NASDAQ fell 1.01% to 14,616.58. The S&P 500 also fell, dropping, 0.78% to 4,705.94.

Check This Out:How To Earn $500 A Month From Apple Stock Following Tuesday's Slide

Leading and Lagging Sectors

Energy shares rose by 0.6% on Wednesday.

In trading on Wednesday, real estate shares fell by 2.2%.

Top Headline

The ISM Manufacturing PMI rose to 47.4 in December from 46.7 in the prior month, and topping than market estimates of 47.1. However, the recent reading signalled contraction in factory activity for the...

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