Crude Oil Down Over 3%; US Business Inventories Surge In July

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.1% on Wednesday. The Dow traded down 0.07% to 52,058.51 while the NASDAQ climbed 0.72% to 26,168.28. The S&P 500 also rose, gaining, 0.33% to 7,610.98. Leading and Lagging Sectors Information technology shares jumped by 0.9% on Wednesday. In trading on Wednesday, energy stocks fell by 1.9%. Top Headline U.S. business inventories rose by 0.8% month-over-month in July, following a revised 0.1% gain in the previous month and higher than market estimates of a 0.3% gain. Equities Trading UP LuxExperience BV-ADR ( NYSE: LUXE ) shares shot up 19% to $8.47 after the company reported fourth-quarter results. Shares of DataMeds AI Inc (NASDAQ: MEDS ) got a boost, surging 264% to $5.89 after the company announced it acquired Helomics. Delixy Holdings Ltd ( NASDAQ: DLXY ) shares were also up, gaining 70% to $0.70 after the company announced it entered into a non-binding letter of intent with Caog for acquisition or merger of up to 48% of shares in Tarbagatay Munay. Equities Trading DOWN Cuprina Holdings (Cayman) Ltd ( NASDAQ: CUPR ) shares dropped 49% to $1.50 after the company announced the pricing of $4