Market Performance - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 100 points, closing at 46,751.12, a rise of 0.32%. The NASDAQ rose by 0.88% to 22,989.73, and the S&P 500 gained 0.57% to 6,752.93 [1] - Information technology shares saw a notable increase of 1.1%, while consumer staples stocks fell by 0.4% [1] Commodities - In commodity trading, oil prices increased by 1.7% to $62.78, gold rose by 1.5% to $4,066.00, silver surged by 2.7% to $48.780, while copper experienced a slight decline of 0.2% to $5.0860 [5] European Markets - European shares showed positive performance, with the eurozone's STOXX 600 rising by 0.86%. Spain's IBEX 35 Index increased by 1.18%, London's FTSE 100 rose by 0.77%, Germany's DAX 40 gained 0.97%, and France's CAC 40 also rose by 1.18% [6] Asian Markets - Asian markets closed lower, with Japan's Nikkei 225 falling by 0.45%, Hong Kong's Hang Seng index declining by 0.48%, and India's BSE Sensex decreasing by 0.19% [7] Company Updates - Dell Technologies Inc. saw its shares increase by 9% to $163.88, with Wells Fargo raising its price target from $160 to $180 and Bernstein maintaining an Outperform rating with a price target increase from $175 to $180 [9] - Critical Metals Corp. shares surged by 15% to $11.50 after signing a 10-year offtake deal for 15% of rare earth output from the Tanbreez Project [9] - Select Medical Holdings Corporation shares rose by 13% to $14.71, with RBC Capital raising its price target from $16 to $20 [9] - Esperion Therapeutics, Inc. shares dropped by 19% to $2.4912 following a $75 million offering of 30 million shares at $2.50 per share [9] - Zeta Network Group shares fell by 47% to $1.81 after announcing a $15 million registered direct offering at $1.00 per share [9] - Envoy Medical, Inc. shares decreased by 38% to $0.9899 after announcing a $4 million registered direct offering at $1.33 per share [9]
Dow Jumps Over 100 Points; US Crude Oil Inventories Increase
Benzinga·2025-10-08 17:22