Following the market opening Wednesday, the Dow traded up 0.04 percent to 25,016.93 while the NASDAQ climbed 0.26 percent to 7,530.82. The S&P also rose, gaining 0.16 percent to 2,769.68.
Leading and Lagging Sectors
In trading on Wednesday, industrial shares rose by just 0.05 percent. Meanwhile, top losers in the sector included PRGX Global Inc (NASDAQ: PRGX), down 4 percent, and Spirit AeroSystems Holdings, Inc. (NYSE: SPR) down 3 percent.
Express, Inc. (NYSE: EXPR) reported better-than-expected results for its fourth quarter.
Express posted adjusted earnings of $0.34 per share on revenue of $693.8 million. However, analysts were expecting earnings of $0.32 per share on revenue of $686 million.
Express expects Q1 EPS of $(0.04)-$0.00, and FY18 EPS of $0.32-$0.46.
Equities Trading UP
Arcadia Biosciences Inc (NASDAQ: RKDA) shares shot up 107 percent to $24.15 after the company disclosed that it has achieved key resistant starch …