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News 2026-07-29 16:02 UTC

Crude Oil Surges 7%; General Dynamics Posts Upbeat Earnings

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 800 points on Wednesday. The Dow traded down 1.58% to 51,915.42 while the NASDAQ declined 1.19% to 24,580.72. The S&P 500 also fell, dropping, 0.89% to 7,362.68. Leading and Lagging Sectors Energy shares jumped by 2.6% on Wednes