Mid-Morning Market Update: Markets Mixed; Nasdaq Tumbles 100 Points U.S. stocks traded mixed this morning, with the Nasdaq dropping more than 100 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.12% to 33,167.07 while the NASDAQ fell 0.89% to 12,452.10. The SP also fell, dropping, 0.24% to 4 4,165.49. Also check this: Executives Buy Around $1.6M Of 4 Penny Stocks Leading and Lagging Sectors Energy shares climbed 0.9% on Wednesday. Meanwhile, top gainers in the sector included WT Offshore, Inc. (NYSE: WTI ), up 12% and Indonesia Energy Corporation Limited (NYSE: INDO ) up 4%. In trading on Wednesday, communication services shares fell by 1%. Top Headline Moderna, Inc. (NASDAQ: MRNA ) posted upbeat results for its first quarter. Moderna posted quarterly adjusted earnings of $8.58 per share, exceeding analysts’ estimates of $5.21 per share. The company’s quarterly sales came in at $6.10 billion, versus expectations of $4.43 billion. Moderna reiterated its 2022 signed advance purchase agreements of $21 billion. Equities Trading UP CarParts.com, Inc. (NASDAQ: PRTS ) shares shot up 24% to $8.46 after the company reported better-than-expected Q1 EPS and sales results.