Market Overview - U.S. stocks traded higher, with the Dow Jones index gaining more than 100 points, up 0.28% to 48,576.79, NASDAQ rose 0.02% to 23,567.10, and S&P 500 increased 0.15% to 6,920.17 [1] - Consumer staples shares rose by 0.6% [1] Sector Performance - Communication services stocks fell by 0.2% [2] Economic Indicators - U.S. initial jobless claims declined by 10,000 to 214,000 for the week ending Dec. 20, compared to market estimates of 223,000 [3][8] Commodity Prices - Oil traded up 0.3% to $58.58, gold up 0.3% to $4,516.90, silver up 1.3% to $72.030, and copper rose 1.5% to $5.6360 [5] International Markets - European shares were mostly higher, with the eurozone's STOXX 600 gaining 0.1%, Spain's IBEX 35 Index up 0.1%, London's FTSE 100 down 0.1%, Germany's DAX 40 up 0.2%, and France's CAC 40 gaining 0.2% [6] - Asian markets closed mixed, with Japan's Nikkei 225 down 0.14%, Hong Kong's Hang Seng up 0.17%, China's Shanghai Composite up 0.53%, and India's BSE Sensex down 0.14% [7] Company News - Sobr Safe Inc (NASDAQ:SOBR) shares surged 116% to $2.81 - Multi Ways Holdings Ltd (NYSE:MWG) shares increased 84% to $0.46 after reporting a year-over-year increase in H1 EPS results - Omeros Corp (NASDAQ:OMER) shares rose 73% to $15.13 following FDA approval of YARTEMLEA for a specific medical condition - Picocela Inc (NASDAQ:PCLA) shares dropped 33% to $0.24 - Citius Pharmaceuticals Inc (NASDAQ:CTXR) shares fell 31% to $0.72 despite reporting better-than-expected earnings for the fourth quarter - Sonim Technologies Inc (NASDAQ:SONM) shares decreased 22% to $3.87 [9]
Dow Gains Over 100 Points; US Jobless Claims Decline - Citius Pharmaceuticals (NASDAQ:CTXR), Multi Ways Holdings (AMEX:MWG)
Benzinga·2025-12-24 15:27