Nasdaq Gains 150 Points; US Mortgage Applications Decline

Market Performance - U.S. stocks traded higher, with the Nasdaq Composite gaining over 150 points on Wednesday [1] - The Dow increased by 0.08% to 46,642.55, the NASDAQ rose by 0.70% to 22,947.47, and the S&P 500 gained 0.35% to 6,738.32 [1] Sector Performance - Information technology shares increased by 1.1% on Tuesday [1] - Energy stocks fell by 0.9% during the same trading session [1] Mortgage Applications - The volume of mortgage applications in the U.S. decreased by 4.7% in the week ending Oct. 3, following a 12.7% decline in the previous period [2][7] Commodity Prices - Oil prices rose by 0.9% to $62.26, gold increased by 1.3% to $4,058.00, silver was up 1.9% to $48.395, and copper rose by 0.1% to $5.0985 [4] European Market Performance - European shares were higher, with the eurozone's STOXX 600 rising by 0.7%, Spain's IBEX 35 Index up by 0.8%, London's FTSE 100 increasing by 0.6%, Germany's DAX 40 rising by 0.8%, and France's CAC 40 gaining by 0.9% [5] Asian Market Performance - Asian markets closed lower, with Japan's Nikkei 225 down by 0.45%, Hong Kong's Hang Seng index down by 0.48%, and India's BSE Sensex declining by 0.19% [6] Stock Movements - Xenetic Biosciences, Inc. shares surged by 174% to $11.75, Connexa Sports Technologies Inc. shares increased by 102% to $0.3639, and AlphaTON Capital Corp. shares rose by 81% to $10.08 [8] - Galecto, Inc. shares dropped by 42% to $10.48 after a previous jump of 383% [8] - Zeta Network Group shares fell by 41% to $2.00 following a $15 million registered direct offering [8] - Envoy Medical, Inc. shares decreased by 38% to $0.9854 after announcing a $4 million registered direct offering [8]