Dow Gains Over 100 Points; NewGenIvf Group Shares Plummet

Market Performance - U.S. stocks showed mixed trading results, with the Dow Jones increasing by 0.30% to 41,710.68, while the NASDAQ decreased by 1.29% to 17,099.00 and the S&P 500 fell by 0.41% to 5,557.99 [1] - Consumer staples shares rose by 1.2%, whereas consumer discretionary shares dropped by 1.5% [1] Commodity Prices - Oil prices increased by 2.6% to $71.14, and gold prices rose by 1.2% to $3,152.30. In contrast, silver prices fell by 0.4% to $34.67, and copper prices decreased by 1.9% to $5.0340 [4] European Market Trends - European shares experienced declines, with the eurozone's STOXX 600 down by 1.45%, Germany's DAX 40 falling by 1.29%, and France's CAC 40 decreasing by 1.51% [5] Asian Market Trends - Asian markets closed lower, with Japan's Nikkei 225 falling by 4.05%, China's Shanghai Composite Index declining by 0.46%, and Hong Kong's Hang Seng Index dipping by 1.31% [6] Company News - Southern States Bancshares, Inc. saw its shares rise by 10% to $35.70 following the announcement of its acquisition by FB Financial in a $381 million merger deal [8] - Corcept Therapeutics Incorporated's shares surged by 83% to $100.08 after meeting the primary endpoint for its Phase 3 ROSELLA trial of Relacorilant [8] - Mr. Cooper Group Inc. shares increased by 17% to $122.49 after announcing its acquisition by Rocket Companies in a $9.4 billion all-stock deal [8] - Taysha Gene Therapies, Inc. shares dropped by 25% to $1.44, while Vaxcyte, Inc. shares fell by 51% to $34.26 following updates on its pneumococcal conjugate vaccine [8] - NewGenIvf Group Limited shares decreased by 33% to $0.6299 after terminating its proposed reverse merger with European Wellness [8] Economic Indicators - The Chicago PMI rose to 47.6 in March from 45.5 in the previous month, exceeding market estimates of 45.2 [9] - The Dallas Fed's general business activity index for Texas manufacturing fell by 8 points to -16.3, marking its weakest level since July 2024 [2][9]