New york: The U.S. Nasdaq index, which is heavily weighted toward technology stocks, rose by 148 points on Wednesday to reach 22,670 points. The Dow Jones Industrial Average slipped 17 points to 46,253 points after posting solid gains on Tuesday, while the Standard and Poor's 500 (SandP 500) index gained 26 points to close at 6,671 points. Meanwhile, U.S. crude oil benchmark West Texas Intermediate (WTI) held steady at $58.48 per barrel.
According to Jordan News Agency, the Nasdaq's rise is indicative of strong performance in the technology sector, which continues to drive growth in the market. The slight decline in the Dow Jones Industrial Average comes after a day of solid gains, suggesting a minor correction. The SandP 500's increase further reflects positive movements in the broader market. The steadiness of WTI prices at $58.48 per barrel indicates stability in the energy sector amidst fluctuating market conditions.