U.S. stocks traded slightly lower midway through trading, with the Dow Jones index falling around 0.1% on Wednesday.

The Dow traded down 0.05% to 42,507.21 while the NASDAQ dipped 0.14% to 19,461.93. The S&P 500 also fell, dropping, 0.03% to 5,907.51.

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Leading and Lagging Sectors

Materials shares rose by 0.1% on Wednesday.

In trading on Wednesday, utilities shares tumbled by 1%.

Top Headline

U.S. initial jobless claims fell by 10,000 to 201,000 in the week ending Jan. 4, recording the lowest level in eleven months and versus market estimates of 218,000.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded down 1% to $73.50 while gold traded up 0.4% at $2,676.80.

Silver traded up 0.5% to $30.850 on Wednesday, while copper rose 1.2% to $4.2475.

Euro zone

European shares were lower today. The eurozone's STOXX 600 declined 0.54%, Germany's DAX 40 fell 0.34% and France's CAC 40 dipped 1.1%. Spain's IBEX 35 Index fell 0.61%, while London's FTSE 100 slipped 0.24%.

Asia Pacific Markets

Asian markets closed mostly lower on Wednesday, with Japan's Nikkei 225 falling 0.26%, China's Shanghai Composite Index gaining 0.02%, Hong Kong's Hang Seng Index declining 0.86% and India's BSE Sensex falling 0.07%.

Economics

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