Stocks mixed mid-week; Dow up 0.50% to 47,799.21, NASDAQ down 0.18% to 23,533.49, S&P 500 up 0.11% to 6,849.05. Crude oil inventory down by 1.812M barrels. Photronics shares surge by 35% after Q4 results.

In the midst of Wednesday's trading session, U.S. stocks displayed a mixed performance, with the Dow Jones index experiencing a notable increase of over 200 points. The Dow surged by 0.50%, reaching 47,799.21 points, while the NASDAQ declined by 0.18% to 23,533.49 points. Concurrently, the S&P 500 saw a modest rise of 0.11%, reaching 6,849.05 points. Notably, industrials shares soared by 0.8%, marking one of the leading sectors, whereas information technology stocks fell by 0.6% during the trading period. Additionally, U.S. crude oil inventories saw a decline of 1.812 million barrels for the week ending December 5, in contrast to the previous week's increase of 0.574 million barrels, and against market expectations of a 2.3 million barrel decrease. Photronics Inc's (NASDAQ: PLAB) shares notably surged by 35% to $34.66 after reporting impressive fourth-quarter results and issuing a first-quarter guidance that surpassed analyst estimates. For more details, you can find the full story on Benzinga.com.