U.S. stocks traded higher this morning, with the Dow Jones gaining around 300 points on Wednesday.

The Dow traded up 1.05% to 29,440.43 while the NASDAQ rose 1.28% to 10,968.28. The S&P 500 also rose, gaining, 1.16% to 3,689.45.

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Leading and Lagging Sectors

Energy shares jumped by 2.7% on Wednesday.

In trading on Wednesday, information technology shares rose by just 0.1%.

Top Headline

US crude oil inventories dropped by 0.215 million barrels in the week ended September 23rd, versus market estimates of a 0.443-million-barrel rise, the Energy Information Administration said.

Equities Trading UP

• PepGen Inc. (NASDAQ:PEPG) shares shot up...