Mid-Day Update: Major US Stock Market Indexes Mostly Advance in Modest Climb as Dow Slips

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US stock market indexes were mostly higher at mid-day Wednesday, led by the Nasdaq Composite Index and S&P 500, as investors await the release of the Federal Open Market Committee's meeting minutes Wednesday afternoon.

The Nasdaq was up 0.5%, while the S&P 500 gained 0.2%. The Dow Jones Industrial Average lagged, down fractionally, as losses in Dow ( DOW ) and Boeing ( BA ) weighed on the index.

The minutes of the FOMC's March meeting are scheduled to be released at 2 pm ET. In economic news, the consumer price index rose 0.4% in March, compared with a 0.3% gain that was expected and the previous month's 0.2% rise, according to data compiled by Econoday.

In commodities, West Texas Intermediate crude oil futures rose 0.7% to $64.44 per barrel. Natural gas was up 0.3% to $2.71 per 1 million BTU. Gold futures climbed 0.3% to $1,312.40 an ounce, while silver rose fractionally to $15.23 an ounce.

Among energy ETFs, the United States Oil Fund was up 0.8% to $13.44 while the United States Natural Gas Fund was up slightly to $23.84. Among precious-metal funds, the Vectors Gold Miners ETF fell fractionally to $22.82 while SPDR Gold Shares gained 0.3% to $122.56. The iShares Silver Trust was up 0.1% to $14.30.

Here's where the markets stand at mid-day:


NYSE Composite Index was up 25.61 points (+0.20%) to 12,875.32

Dow Jones Industrial Average was down 12.16 points (-0.05%) to 26,138.42

S&P 500 was up 5.99 points (+0.21%) to 2,884.19

Nasdaq Composite Index was up 36.39 points (+0.46%) to 7,945.67


FTSE 100 was down 3.66 points (-0.05%) to 7,421.91

DAX was up 55.34 points (+0.47%) to 11,905.91

CAC 40 was up 13.46 points (+0.25%) to 5,449.88

Nikkei 225 was down 115.02 points (-0.53%) to 21,687.57

Hang Seng Index was down 37.93 points (-0.13%) to 30,119.56

Shanghai China Composite Index was up 2.27 points (+0.07%) to 3,241.93


NYSE Energy Sector Index was up 50.73 points (+0.47%) to 10,943.51

NYSE Financial Sector Index was up 7.78 points (+0.10%) to 7,832.61

NYSE Healthcare Sector Index was up 11.78 points (+0.07%) to 16,102.84


(+) TEVA (+1.5%) Signs $2.3 billion revolving credit facility

(+) CAG (+6.74%) Company holding investor day

(+) IZEA (+16.83%) Q1 bookings jumps 18% YoY


(-) PHAS (-7.60%) Begins public offering of common stock

(-) PTE (-9.13%) Plans to sell shares via Cantor Fitzgerald

(-) ABC (-5.45%) BofA-Merrill Lynch downgrades shares, cuts price target

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Stocks
Referenced Symbols: DOW , BA

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