S&P Global US composite PMI
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Crude Oil Gains 1%; USA Rare Earth Shares Spike Higher - American Rebel Holdings (NASDAQ:AREB), Actelis Networks (NASDAQ:ASNS)
Benzinga· 2025-10-03 15:08
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 350 points on Friday.The Dow traded up 0.82% to 46,899.42 while the NASDAQ rose 0.17% to 22,884.01. The S&P 500 also rose, gaining, 0.41% to 6,742.96.Check This Out: Top 3 Financial Stocks That Could Blast Off In OctoberLeading and Lagging SectorsUtilities shares jumped by 1.9% on Friday.In trading on Friday, communication services stocks fell by 0.7%.Top HeadlineThe ISM services PMI declined to 50 in September from ...
Crude Oil Gains 1%; USA Rare Earth Shares Spike Higher
Benzinga· 2025-10-03 15:08
Market Performance - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 350 points, closing up 0.82% at 46,899.42. The NASDAQ rose 0.17% to 22,884.01, and the S&P 500 gained 0.41% to 6,742.96 [1] - Utilities shares saw a significant increase of 1.9%, while communication services stocks fell by 0.7% [1] Economic Indicators - The ISM services PMI decreased to 50 in September from 52 in the previous month, falling short of market expectations of 51.7 [2][9] - The S&P Global US services PMI also declined to 54.2 in September from 54.5 in August, and the composite PMI fell to 53.9 from 54.6 [9] Commodity Market - In commodity trading, oil prices rose by 1.1% to $61.14, gold increased by 0.8% to $3,898.40, silver surged 2.8% to $47.675, and copper rose 2.4% to $5.0700 [4] European Market - European shares showed mixed results, with the eurozone's STOXX 600 gaining 0.34%, Spain's IBEX 35 Index rising 0.63%, and London's FTSE 100 increasing by 0.5%. However, Germany's DAX 40 fell by 0.23%, and France's CAC 40 gained only 0.07% [5] Asian Market - Asian markets closed mixed, with Japan's Nikkei 225 gaining 1.85%, Hong Kong's Hang Seng index declining by 0.54%, and India's BSE Sensex increasing by 0.28% [6] Company News - Actelis Networks, Inc. saw its shares surge by 66% to $0.6147 following a $30 million stock purchase agreement with White Lion Capital [8] - USA Rare Earth, Inc. shares rose by 21% to $27.41 amid reports of discussions with the White House [8] - Red Cat Holdings, Inc. shares increased by 18% to $13.62 after Needham initiated coverage with a Buy rating and a $17 price target [8] - American Rebel Holdings, Inc. shares dropped by 26% to $13.73, while Roblox Corporation shares fell by 6% to $125.47, despite an Overweight rating from Wells Fargo and a price target increase from $153 to $155 [8]
Dow Jumps Over 200 Points; ISM Services PMI Falls In September - American Rebel Holdings (NASDAQ:AREB), Actelis Networks (NASDAQ:ASNS)
Benzinga· 2025-10-03 14:16
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Friday.Following the market opening Friday, the Dow traded up 0.49% to 46,749.15 while the NASDAQ fell 0.01% to 22,842.14. The S&P 500 also rose, gaining, 0.14% to 6,724.95.Check This Out: Top 3 Financial Stocks That Could Blast Off In OctoberLeading and Lagging SectorsUtilities shares jumped by 0.9% on Friday.In trading on Friday, communication services stocks fell by 0.9%.Top HeadlineThe ISM services PMI decli ...