Market Overview - U.S. stocks traded mostly lower, with the Dow Jones index falling more than 50 points, down 0.09% to 48,322.35, NASDAQ slipping 0.01% to 23,417.48, and S&P 500 dropping 0.04% to 6,893.58 [1] - Information technology shares rose by 0.2%, while real estate stocks fell by 0.3% [1] Economic Indicators - U.S. initial jobless claims declined by 16,000 to 199,000 in the week ending Dec. 27, compared to market estimates of 220,000 [2][7] Commodity Market - Oil traded up 0.5% to $58.24, while gold traded down 0.7% at $4,355.20 [4] - Silver fell 7.5% to $72.045, and copper decreased by 1.8% to $5.6805 [4] European Market - European shares were lower, with the eurozone's STOXX 600 slipping 0.1%, Spain's IBEX 35 Index falling 0.3%, London's FTSE 100 down 0.1%, and France's CAC 40 down 0.2% [5] Asian Market - Asian markets closed mixed, with Hong Kong's Hang Seng Index falling 0.87%, China's Shanghai Composite gaining 0.09%, and India's BSE Sensex gaining 0.64% [6] Company Performance - Anghami Inc. shares surged 54% to $3.84 after reporting a year-over-year increase in H1 results [9] - Northann Corp. shares increased by 72% to $0.3332 [9] - Intelligent Bio Solutions Inc. shares rose 56% to $6.38 following a strategic manufacturing partnership announcement [9] - Corcept Therapeutics shares dropped 47% to $37.40 after receiving a Complete Response Letter from the FDA [9] - Delixy Holdings Limited shares fell 29% to $1.0001 [9] - SMX Public Limited Company shares decreased by 22% to $40.00 [9]
Dow Falls 50 Points; US Initial Jobless Claims Decline
Benzinga·2025-12-31 14:41