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U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining more than 100 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.02% to 52,103.62 while the NASDAQ climbed 0.45% to 26,099.29. The S&P 500 also rose, gaining, 0.25% to 7,604.83. Leading and Lagging Sectors Uti
Xenetic Biosciences agreed to combine with privately held therapeutic medical-device company Santersus in an all-stock reverse merger. Xenetic said Santersus investors would own about 85% of the combined company, while current Xenetic shareholders would own roughly…