U. S. stocks closed mixed on Wednesday, with the Dow hitting a new intraday high, the S & P up for six consecutive days and nearing its all-time high, while the Nasdaq fell slightly. The market is still evaluating the performance of a new round of corporate earnings reports. The Fed's beige book says labor and supply chain tensions have curbed economic growth, acknowledging high inflation.

The Dow rose 152.03 points, or 0.43%, to 35609.34; the Nasdaq fell 7.41 points, or 0.05%, to 15121.68; and the S & P 500 rose 16.56 points, or 0.37%, to 4536.19.

The Dow rose as high as 35669.69 on Wednesday, an all-time high. The S & P 500 rose as high as 4540.87, approaching the all-time high of 4545.85 set in early September.

In the past two months, a number of adverse factors have intertwined to put pressure on U. S. stocks. Investors have been unnerved by concerns about the surge in the number of new Guandelta variants, tight supply chains, the overseas real estate crisis, the Fed's implied withdrawal of stimulus measures and rising inflationary pressures.

Sam Stovall, chief investment strategist at CFRA, said US stocks have rebounded and the upward trend is continuing since the US released a lower-than-expected producer price index (PPI) and generally better-than-expected banking results last week.

Since banks first reported results for the third quarter last week, investors have been generally satisfied with the overall performance of the season so far. Of the s & p 500 stocks that have reported results so far, 82 per cent beat expectations.

However, Jeff Buchbinder, equity strategist at LPL Financial, said investors should not expect companies once mired in the COVID-19 pandemic to report better-than-expected results.

Tesla, Inc., the champion of US stock turnover, closed 0.2% higher on Wednesday, with a turnover of US $12 billion.Tesla, Inc. released the company's third-quarter results after trading on Wednesday. According to the financial report, Tesla, Inc. 's revenue in the third quarter was $13.76 billion, with market expectations of $13.626 billion; adjusted earnings per share were $1.86 and market expectations were $1.67. Tesla, Inc. also said that throughout the third quarter, "China remains our major export center." "

Apple Inc, who ranked second in turnover, received 0.3% higher, with a turnover of US $8.7 billion.Apple Inc announced on Wednesday that the 2021 Tech Talks will be held from October 25 to December 17.

In third place, PayPal Holdings Inc closed down 4.9%, with a turnover of US $8.1 billion.PayPal is in talks to buy social media company Pinterest. PayPal's offer to buy Pinterest for $70 a share could value the entire company at $45 billion, but the final price and terms could change, according to people familiar with the matter. PayPal hopes to successfully negotiate and formally announce the deal when it releases its quarterly results on November 8.

In fifth place was Pinterest, the buyer of PayPal, which closed up 12.8% with a turnover of $7 billion.

No. 6 Netflix closed down 2.2%, with a turnover of $6.7 billion.Barclays raised its target price to $675 from $625 after Netflix's third-quarter results were announced and maintained its overweight rating on the stock. Barclays analysts said comments from Netflix management suggested that the advantage of the content sector was likely to continue into the first quarter of 2022, so the momentum in the fourth quarter was "likely to continue into next year". Management also seems to fix its growth algorithm at about 20% of sales growth, which is "much higher than most buyers / sellers estimate for 22 years and beyond".

Us financial mogul Cramer said on Wednesday that "good luck to those who sell Netflix shares", implying that they will miss the opportunity.

In ninth place, Facebook Inc gained 0.2%, with a turnover of US $4.7 billion.It is said that Facebook Inc may change his name next week to reflect the future trend and develop from a social media company to a meta-universe company. Facebook Inc CEO Zuckerberg plans to announce the company's renaming plan at the annual meeting to be held on the 28th of this month, according to people familiar with the situation. The actual release time may also be earlier than this time. After changing its name, Facebook Inc is likely to remain as a social media brand under the parent company.

In addition, Washington, D.C. Attorney General Karl Racine said on Wednesday that he plans to add Zuckerberg as the defendant in the Cambridge Analytical scandal lawsuit. This means that Zuckerberg himself may face financial and other penalties.

The Cambridge Analytics scandal refers to the improper disclosure of 87 million Facebook Inc user data to Cambridge, a political consulting firm, to support US President Donald Trump in the 2016 presidential election.

Novax Pharmaceuticals closed down 14.8% in 10th place, with a turnover of $4.2 billion.Previously, the method used by the company to test the purity of the vaccine did not meet regulatory standards. Novak faces significant obstacles in proving that it can produce a vaccine that meets regulatory quality standards, according to three people familiar with the problem, and that the method used to test the purity of the vaccine does not meet regulatory standards. nor can it prove that it can produce a vaccine that continues to meet standards.

The 14th Coinbase Global closed 3% higher, with a turnover of $3.2 billion.On Tuesday, Facebook Inc passed his digital wallet test in the United States and Guatemala for free instant money transfer, which works with cryptocurrency exchanges Coinbase and Paxos.

The 19th Ford Motor Company closed 4% higher, with a transaction of $1.7 billion.Credit Suisse upgraded the stock on Wednesday, saying it was optimistic about the car company's foray into the electric car industry and predicted that the stock would rise 30%.

The following are the 20 most actively traded stocks of the day (by turnover):