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Nasdaq Gains 100 Points; Campbell Soup Earnings Top Views

Benzinga ·  Mar 6 14:35

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 100 points on Wednesday.

The Dow traded up 0.20% to 38,662.69 while the NASDAQ rose 0.64% to 16,041.08. The S&P 500 also rose, gaining, 0.53% to 5,105.72.

Leading and Lagging Sectors

Information technology shares jumped by 1.1% on Wednesday.

In trading on Wednesday, consumer discretionary shares fell 0.3%.

Top Headline

Campbell Soup Company(NYSE:CPB) reported better-than-expected earnings for its second quarter.

The company posted a second-quarter FY24 decline of 1.2% year-on-year to $2.46 billion, beating the analyst consensus estimate of $2.44 billion. Adjusted EPS of 80 cents beat the consensus estimate of...

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