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S&P 500 Surges 1%; Tyson Foods Posts Upbeat Earnings - Energys Group (NASDAQ:ENGS), Cogent Biosciences (NASDAQ:COGT)
Benzinga·2025-11-10 14:43

Market Overview - U.S. stocks experienced an upward trend, with the S&P 500 increasing by approximately 1% on Monday [1] - The Dow Jones Industrial Average rose by 0.62% to 47,278.92, while the NASDAQ surged by 1.71% to 23,397.65 [1] - Information technology shares saw a notable increase of 2.1%, whereas consumer staples stocks declined by 0.5% [1] Company Earnings - Tyson Foods, Inc. reported fourth-quarter earnings of $1.15 per share, surpassing the analyst consensus estimate of 83 cents per share [2] - The company's quarterly sales reached $13.860 billion, which fell short of the analyst consensus estimate of $13.969 billion [2] Commodity Market - Oil prices increased by 0.5% to $60.02, while gold prices rose by 2.4% to $4,104.70 [4] - Silver and copper also saw gains, with silver up 3.4% to $49.775 and copper rising 1.8% to $5.0440 [4] European Market Performance - European shares showed positive movement, with the eurozone's STOXX 600 rising by 1.5% [5] - Spain's IBEX 35 Index gained 1.6%, and other major indices such as London's FTSE 100, Germany's DAX 40, and France's CAC 40 also experienced increases [5] Asian Market Performance - Asian markets closed higher, with Japan's Nikkei 225 gaining 1.26% and Hong Kong's Hang Seng surging 1.55% [6] - China's Shanghai Composite rose by 0.53%, and India's BSE Sensex increased by 0.38% [6] Notable Stock Movements - Galecto Inc shares surged by 317% to $20.64 following the announcement of the acquisition of Damora Therapeutics [8] - Movano Inc shares increased by 210% to $14.81 due to a merger agreement with Corvex [8] - Cogent Biosciences Inc shares rose by 116% to $32.00 after positive results from its Phase 3 PEAK study [8] - Lazydays Holdings Inc shares dropped by 43% to $0.92 after announcing plans to delist from Nasdaq [8] - CleanCore Solutions Inc shares fell by 41% to $0.50 amid recent volatility [8]