Benzinga·2025-12-08 15:04Market Overview - U.S. stocks exhibited mixed trading patterns, with the Dow Jones index declining approximately 100 points, down 0.22% to 47,847.37, while the NASDAQ increased by 0.29% to 23,645.65, and the S&P 500 fell slightly by 0.01% to 6,869.75 [1] - Information technology shares experienced a rise of 0.8%, while communication services stocks decreased by 1.1% [1] Company News - International Business Machines Corporation (NYSE:IBM) has agreed to acquire Confluent (NYSE:CFLT) for $31 per share [2] Commodity Market - Oil prices fell by 1.3% to $59.30, gold decreased by 0.4% to $4,228.20, silver dropped 0.8% to $58.58, and copper fell by 0.4% to $5.44 [5] European Market - European shares were mostly lower, with the eurozone's STOXX 600 down 0.1%, while Spain's IBEX 35 Index rose by 0.1%. London's FTSE 100 fell by 0.2%, Germany's DAX 40 gained 0.3%, and France's CAC 40 decreased by 0.2% [6] Asian Market - Asian markets closed mixed, with Japan's Nikkei rising by 0.18%, Hong Kong's Hang Seng declining by 1.23%, China's Shanghai Composite increasing by 0.54%, and India's BSE Sensex falling by 0.71% [7] Notable Stock Movements - Cemtrex, Inc. (NASDAQ:CETX) shares surged by 154% to $7.80 - Wave Life Sciences Ltd. (NASDAQ:WVE) shares increased by 85% to $13.80 following positive interim Phase 1 data for its obesity drug WVE-007 - Treasure Global Inc. (NASDAQ:TGL) shares rose by 63% to $41.39 after raising its FY26 revenue target - SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares dropped by 48% to $172.36 after a previous jump of 135% - BiomX Inc. (NYSE:PHGE) shares fell by 37% to $3.2401 after discontinuing its Phase 2b trial for BX004 - Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) shares decreased by 34% to $9.25 due to an announcement of delisting from Nasdaq [10]