Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 200 points, closing at 47,449.22, a rise of 0.51%. The NASDAQ rose by 1.68% to 23,593.80, and the S&P 500 gained 1.01% to 6,860.11 [1] - In the commodities market, oil prices increased by 0.1% to $61.58, while gold decreased by 3.1% to $4,009.90. Silver fell by 3.8% to $46.755, and copper rose by 0.9% to $5.1690 [6] Company Performance - Carter's Inc (NYSE:CRI) saw its shares rise by 5% after reporting third-quarter earnings of 74 cents per share, surpassing the analyst consensus estimate of 73 cents. However, quarterly sales of $757.836 million fell short of the expected $769.763 million [2] - Sotherly Hotels Inc. (NASDAQ:SOHO) shares surged by 137% to $2.15 following an acquisition agreement with a joint venture led by Kemmons Wilson Hospitality Partners LP [7] - Co-Diagnostics, Inc. (NASDAQ:CODX) experienced a 102% increase in shares to $0.7104 after signing a definitive agreement to localize its Co-Dx PCR platform in the Middle East [7] - BIO-key International, Inc. (NASDAQ:BKYI) shares rose by 115% to $1.6750 after partnering with IT2Trust [7] - Intellia Therapeutics, Inc. (NASDAQ:NTLA) shares dropped by 43% to $14.71 due to a temporary halt in patient dosing for its clinical studies [7] - Organon & Co. (NYSE:OGN) shares fell by 20% to $7.29 following the resignation of CEO Kevin Ali amid an Audit Committee investigation [7] - Genenta Science S.p.A. (NASDAQ:GNTA) shares decreased by 43% to $3.5268 after announcing a $15 million registered direct offering of American Depositary Shares [7] Economic Indicators - The Dallas Fed Manufacturing Index is scheduled for release today, which may provide insights into the economic conditions affecting various industries [10]
Gold Falls 3%; Carter's Shares Gain After Q3 Earnings
Benzinga·2025-10-27 17:03