Dow Gains Over 100 Points; Chicago PMI Weakens In June
U.S. Stock Market Performance: U.S. stocks rose this morning, with the Dow Jones gaining over 100 points and sectors like financials seeing a 0.6% increase, while utilities fell by 0.5%.
Global Market Trends: European shares declined, with the eurozone's STOXX 600 down 0.4%, and Asian markets closed mixed, highlighted by Japan's Nikkei rising 0.84% and Hong Kong's Hang Seng Index falling 0.87%.
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Maxim Group Lowers Artelo Biosciences Rating to Hold
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Wolfspeed Shares Surge Over 50%; Check Out 20 Stocks Making Moves in Premarket Trading
Wolfspeed's Reorganization: Wolfspeed, Inc. announced a court-approved reorganization plan that will reduce its debt by 70% and interest payments by 60%, leading to a 50.9% increase in its stock price during pre-market trading.
Other Notable Stock Movements: Several companies saw significant pre-market trading gains, including Sunrise New Energy Co. (up 97%) and Vivakor, Inc. (up 67%), while others like Epsium Enterprise Limited and Artelo Biosciences, Inc. experienced notable declines.
