U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Wednesday.

Following the market opening Wednesday, the Dow traded up 0.07% to 51,702.98 while the NASDAQ surged 0.52% to 25,720.08. The S&P 500 also rose, gaining, 0.45% to 7,398.42.

Leading and Lagging Sectors

Consumer discretionary shares jumped by 1.3% on Wednesday.

In trading on Wednesday, energy stocks fell by 2.4%.

Top Headline

The U.S. current account deficit rose to $226.8 billion in the first quarter from a revised $221.1 billion gap in the final quarter of 2025.

Equities Trading UP
         

• Pulsenmore Ltd (NASDAQ:PLSM) shares shot up 268% to $12.56 after the company announced a strategic partnership with Ouma Health to expand access to remote prenatal care in the U.S.
• Shares of Fort Technology Inc (NASDAQ:FRTT) got a boost, surging 86% to $3.29 after the company announced it signed a non-binding letter of intent for a proposed strategic investment and partnership with Logia USA. Fort proposed to acquire 50.1% of Logia USA.
• Catheter Precision Inc (NYSE:VTAK) shares were also up, gaining 46% to $1.34 as investors cheered the firm’s partnership with sports and entertainment agency GSE Worldwide and a batch of newly allowed patents covering its heart failure and vascular closure technologies.

Equities Trading DOWN

• Nuwellis Inc (NASDAQ:NUWE) shares dropped 30% to $0.090 after the company announced a 1-for-35 reverse stock split.
• Shares of TOYO Co., Ltd (NASDAQ:TOYO) were down 26% to $9.58 after the company announced a $50 million offering of common shares and warrants at $11 per share and warrant.
• XCHG Ltd (NASDAQ:XCH) was down, falling 26% to $0.75.

Commodities

In commodity news, oil traded down 2.8% to $71.16 while gold traded down 3% at $4,023.70.

Silver traded down 5.1% to $58.920 on Wednesday, while copper fell 1.6% to $6.0490.

Euro zone

European shares were mixed today. The eurozone’s STOXX 600 rose 0.1%, while Spain’s IBEX 35 Index fell 0.4%. London’s FTSE 100 rose 0.1%, Germany’s DAX dipped 1%, while France’s CAC 40 gained 0.4%.

Asia Pacific Markets

Asian markets closed mostly higher on Wednesday, with Japan’s Nikkei 225 dipping 0.88%, Hong Kong’s Hang Seng Index gaining 0.33%, China’s Shanghai Composite rising 0.11% and India’s BSE Sensex gaining 1.04%.

Economics

• The U.S. current account deficit rose to $226.8 billion in the first quarter from a revised $221.1 billion gap in the final quarter of 2025.
• U.S. building permits fell 0.9% month-over-month to an annual rate of 1.410 million in June.
• U.S. mortgage applications rose by 1% in the third week of June compared to a 3.8% decline in the previous period.

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