Market Performance - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 200 points, closing up 0.48% at 48,673.55. The NASDAQ rose 0.09% to 23,582.81, and the S&P 500 gained 0.25% to 6,927.29 [1] - Consumer staples shares rose by 0.7%, while communication services stocks fell by 0.1% [1] Economic Indicators - U.S. initial jobless claims decreased by 10,000 to 214,000 for the week ending December 20, which was better than market estimates of 223,000 [2][10] Commodity Market - In commodity trading, oil prices fell by 0.2% to $58.28, gold decreased by 0.3% to $4,493.50, and silver dropped by 0.2% to $71.00. Conversely, copper rose by 0.2% to $5.5640 [5] European Market - European shares showed mixed results, with the eurozone's STOXX 600 gaining 0.1%, while Spain's IBEX 35 Index fell by 0.06%. London's FTSE 100 decreased by 0.19%, Germany's DAX 40 rose by 0.23%, and France's CAC 40 slipped by 0.01% [6] Asian Market - 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 Updates - Edgewise Therapeutics Inc (NASDAQ:EWTX) shares surged 21% to $26.36 following updates from the ongoing CIRRUS-HCM Phase 2 trial of EDG-7500 [9] - Multi Ways Holdings Ltd (NYSE:MWG) shares increased by 62% to $0.41 after reporting a year-over-year increase in H1 EPS results [9] - Omeros Corp (NASDAQ:OMER) shares rose 68% to $14.72 after the FDA approved YARTEMLEA for treating hematopoietic stem cell transplant–associated thrombotic microangiopathy [9] - Hycroft Mining Holding Corporation (NASDAQ:HYMC) shares fell 10% to $24.56 after a significant rally, influenced by commodity market conditions and a major divestiture by AMC Entertainment Holdings Inc (NYSE:AMC) [9] - Citius Pharmaceuticals Inc (NASDAQ:CTXR) shares dropped 24% to $0.80 despite reporting better-than-expected earnings for the fourth quarter [9] - SMX (Security Matters) PLC (NASDAQ:SMX) shares decreased by 9% to $135.00 [9]
Gold Edges Lower; Omeros Shares Jump - AMC Entertainment Hldgs (NYSE:AMC), Citius Pharmaceuticals (NASDAQ:CTXR)