Nasdaq Jumps Over 300 Points; Boeing Posts Wider-Than-Expected Loss U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 300 points on Wednesday. The Dow traded up 0.45% to 31,904.19 while the NASDAQ rose 2.77% to 11,883.01. The SP also rose, gaining, 1.52% to 3,980.56. Also check this: Bitcoin Drops Further To This Level, Here Are Other Crypto Movers That Should Be On Your Radar Leading and Lagging Sectors Communication services shares rose 4.2% on Wednesday. Meanwhile, top gainers in the sector included Leafly Holdings, Inc. (NASDAQ: LFLY ), up 60% and Spotify Technology S.A.. (NYSE: SPOT ) up 14%. In trading on Wednesday, health care shares fell 0.4%. Top Headline Boeing Co (NYSE: BA ) reported a second-quarter revenue decline of 2% year-over-year to $16.68 billion, missing the consensus of $17.55 billion. Adjusted EPS loss widened to $(0.37) from $(0.40) in 2Q21, missing the consensus of $(0.16). Equities Trading UP Blue Water Vaccines, Inc. (NASDAQ: BWV ) shares shot up 56% to $3.2008. Blue Water Vaccines recently announced signing of sponsored research agreement with Cincinnati Children''s Hospital Medical Center for SP vaccine platform development.