Dow Jones up 0.1%, NASDAQ up 0.47%, S&P 500 up 0.24%. Tech stocks up 1.1%, communication services down 1.3%. Performance Food Group shares down 6% after reporting earnings miss. AII up 17%, EROC up 20%, BOXL up 69%. NCMI down 31%, UAMY down 22%, STRO down 16%. Oil down 0.1%, gold up 1.1%. Eurozone mixed, Asian markets close mixed. CPI rises 3.4% year-over-year in July.
Performance Food Group missed Q4 estimates (EPS $1.59 vs $1.60, revenue $18.029B vs $18.088B) with a 6% share decline and downbeat 2026 guidance. Consumer weakness and supply chain pressures signal macro headwinds; enterprise IT leaders may see tighter budgets and longer deal cycles ahead.
U.S. stocks traded mostly higher midway through trading, with the Dow Jones index gaining around 0.1% on Wednesday.
The Dow traded up 0.09% to 53,838.24 while the NASDAQ rose 0.47% to 26,569.48. The S&P 500 also rose, gaining, 0.24% to 7,746.41.
Leading and Lagging Sectors
Information technology shares jumped by 1.1% on Wednesday.
In trading on Wednesday, communication services stocks fell by 1.3%.
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