Crude Oil Gains Over 3%; US Manufacturing Activity Contracts

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 150 points on Wednesday. The Dow traded down 0.79% to 37,417.28 while the NASDAQ fell 1.01% to 14,616.58. The S&P 500 also fell, dropping, 0.78% to 4,705.94.

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