Market Performance - U.S. stocks traded higher with the Dow Jones index gaining more than 150 points, up 0.41% to 43,039.53, NASDAQ rose 0.81% to 18,490.66, and S&P 500 gained 0.69% to 5,855.38 [1] - Information technology shares jumped by 1.2% [1] Company News - Boeing announced plans to cut its workforce by about 10%, equating to approximately 17,000 jobs, affecting various levels of employees [2] - Tevogen Bio Holdings Inc. shares surged 201% to 1 billion+ revenue potential of its pipeline portfolio [2] - Verb Technology Company, Inc. shares rose 75% to 3.8 million and cash balance of 3.24 [2] Declining Stocks - Molecular Templates, Inc. shares dropped 75% to 0.0776 [3] - Vicinity Motor Corp. shares decreased by 32% to 73.78, gold down 0.5% at 31.325, and copper fell 2.1% to $4.4005 [4] European Market Performance - European shares were higher with the eurozone's STOXX 600 gaining 0.53%, Germany's DAX up 0.69%, and France's CAC 40 rising 0.32% [4] Asian Market Performance - Asian markets closed mostly higher, with Hong Kong's Hang Seng Index down 0.75%, China's Shanghai Composite Index up 2.07%, and India's BSE Sensex gaining 0.73% [5]
Crude Oil Down Over 2%; Verb Technology Shares Spike Higher