Dow Surges 250 Points; US Housing Starts Tumble In August - ChowChow Cloud Internatio (AMEX:CHOW), Boxlight (NASDAQ:BOXL)
Benzinga·2025-09-17 13:54

Market Overview - U.S. stocks showed mixed performance with the Dow Jones index gaining approximately 250 points, up 0.56% to 46,011.86, while the NASDAQ fell 0.36% to 22,252.63 and the S&P 500 dropped 0.04% to 6,604.37 [1] - Consumer staples shares increased by 1.1%, while information technology stocks decreased by 0.7% [1] Housing Market - U.S. housing starts decreased by 8.5% month-over-month to an annual rate of 1.307 million units in August, down from a revised 1.429 million in the previous month and below market estimates of 1.37 million [2][10] - Building permits also fell by 3.7% to an annualized rate of 1.312 million in August [2][10] Commodity Market - Oil prices declined by 0.5% to $64.23, gold also fell by 0.5% to $3,706.80, silver decreased by 1.9% to $42.105, and copper dropped by 1.5% to $4.6215 [5] European Market - European shares were mixed, with the eurozone's STOXX 600 rising by 0.1%, while Spain's IBEX 35 Index fell by 0.1% [6] Asian Market - Asian markets closed mostly higher, with Japan's Nikkei down 0.25%, while Hong Kong's Hang Seng surged 1.78%, China's Shanghai Composite rose 0.37%, and India's BSE Sensex gained 0.38% [7] Company News - SciSparc Ltd. (SPRC) shares surged 197% to $5.42 following a merger motion filed by Automax Motors [8] - Visionary Holdings Inc. (GV) shares increased by 92% to $3.20 after announcing a strategic partnership with Jiangsu Yike Regenerative Medicine [8] - TNL Mediagene (TNMG) shares rose by 55% to $0.5061 due to a major strategic initiative involving digital assets [8] - Turbo Energy, S.A. (TURB) shares dropped 27% to $8.99 after a significant surge of 359% the previous day [8] - Boxlight Corporation (BOXL) shares fell 27% to $1.83 after a previous jump of over 45% [8] - ChowChow Cloud International (CHOW) shares decreased by 28% to $9.13 after a significant rise of 215% [8]