U.S. stocks marched higher Wednesday amid a gain in energy-related shares, which got a boost from a rally in crude oil.
Wednesday’s advance follows a bullish mood in global markets, led partially by commodity-related stocks and the materials sector.
Investors also focused on earnings results from companies such as Constellation Brands Inc. (STZ) and Monsanto Co.(MON)
The Dow Jones Industrial Average climbed 148 points, or 0.9%, to 16,938, with 25 of its 30 components trading higher.
ArcelorMittal SA (ADR) (NYSE:MT) jumped 7.49% and is at $6.24 in the Real-Time trading session. Its overall volume is 13.64 million shares right now, and average trading volume of 8.97 million. The stock is ranging from $6.16 to $6.61, and is market capitalization right now is $10.39 billion. The beta value for this stock stands at 2.47 points
Freeport-McMoRan Inc (NYSE:FCX) moved 10.13% up right now and is at $13.08. Stock is trading in the real-time trading session with the total volume of 60.39 million shares, as compared to its average volume of 49.40 million shares. The 52-week range of the share price is from $7.76 – $32.42. The beta value for this stock stands at 2.33 points, while its earnings per share(EPS) was $-6.38. The company has total market capitalization of $14.80 billion and a total of 1.14 billion outstanding shares.
Petroleo Brasileiro SA – Petrobras (ADR) (NYSE:PBR) is trading at $5.46, gaining 5.91%. Trading volume recorded for this company is about 43.71 million shares as compared to its average volume of 39.25 million shares. The share price rushed almost 5.81% in the last one month while its 52 week high is $17.64. The company has the total of 7.44 billion outstanding shares right now, while its market capitalization is about $32.29 billion.