US Stocks Mixed; Dow Gains Over 50 Points
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2025
0mins
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks showed mixed results with the Dow Jones gaining 0.15%, while the NASDAQ and S&P 500 declined by 0.42% and 0.21% respectively; MSC Industrial Direct reported better-than-expected earnings despite a slight drop in net sales.
Global Market Trends: European shares fell, Asian markets closed mixed, and commodity prices saw increases in oil, gold, silver, and copper; the S&P Global manufacturing PMI rose to 52.9, indicating economic growth.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy SONM?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on SONM
About SONM
Sonim Technologies, Inc. is a provider of rugged mobile solutions, including phones, wireless internet data devices, accessories and software designed to provide extra protection for users. The Company distributes its products primarily through major wireless carriers. The Company has products available at all three United States Tier-one carriers-AT&T, T-Mobile and Verizon as well as the three primary carriers in Canada-Bell, Telus and Rogers, Telstra in Australia, and multiple carriers throughout Europe. The ruggedized mobility solutions target three end markets: industrial enterprise, public sector, and consumers. It serves various sectors, such as critical communications, first responders, government, industrial, construction, hospitality, and logistics. In addition, its devices provide a wide range of connectivity options for its end customers, including location tracking and Bluetooth for certain of its devices, and its phones support a wide range of global frequencies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
U.S. Initial Jobless Claims Drop to 214,000, Beating Estimates
- Jobless Claims Decline: U.S. initial jobless claims fell by 10,000 to 214,000 for the week ending December 20, surpassing market expectations of 223,000, indicating labor market resilience which could positively impact economic recovery.
- Market Performance Rebounds: The Dow Jones index rose over 100 points, up 0.28% to 48,576.79, reflecting improved investor sentiment that may drive more capital into the stock market.
- Sector Performance Divergence: Consumer staples stocks increased by 0.6%, while communication services stocks fell by 0.2%, indicating varied market reactions across sectors, prompting investors to monitor industry dynamics for optimal portfolio adjustments.
- International Market Fluctuations: Asian markets closed mixed, with Japan's Nikkei 225 down 0.14% and China's Shanghai Composite up 0.53%, suggesting ongoing global economic uncertainties are still influencing market sentiment.
Continue Reading
Halper Sadeh Investigates A&B's $21.20 Sale to MW Group and Blackstone
- Shareholder Rights Investigation: Halper Sadeh LLC is investigating Alexander & Baldwin, Inc. (NYSE:ALEX) for potential violations related to its sale to MW Group and Blackstone at $21.20 per share, which may impact shareholder rights and interests.
- Merger Scrutiny: The law firm is also focusing on Destination XL Group, Inc. (NASDAQ:DXLG) and its merger with FBB Holdings I, Inc., aiming to ensure that shareholders' legal rights are protected during the transaction.
- Legal Support: Halper Sadeh LLC offers free consultations without upfront fees, encouraging shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to safeguarding shareholder interests.
- Global Investor Representation: The firm represents investors worldwide, actively combating securities fraud and corporate misconduct, and has successfully recovered millions for defrauded investors, highlighting its expertise in protecting investor rights.
Continue Reading