ZYBT

U.S. Stock Market Performance: U.S. stocks declined, with the Dow down 0.35%, Nasdaq falling 0.47%, and S&P 500 dropping 0.40%. Energy shares rose by 1.9%, while materials stocks fell by 1.5%.

Significant Stock Movements: uniQure N.V. shares surged 235% after securing a $175 million loan, while SHF Holdings, Inc. rose 120% following a $150 million stock purchase agreement. Conversely, WORK Medical Technology Group's shares plummeted 88%.

Commodity and Economic Updates: Crude oil inventories decreased by 0.607 million barrels, contrary to expectations of an increase. New single-family home sales in the U.S. rose by 20.5%, while building permits fell by 2.3%.

Global Market Trends: European shares were mostly higher, with the eurozone's STOXX 600 slightly up, while Asian markets closed mostly higher, led by Japan's Nikkei 225 and Hong Kong's Hang Seng.

U.S. Stock Futures: U.S. stock futures showed mixed results, with Dow futures dropping approximately 100 points on Friday morning.

RH Earnings Report: RH's shares fell 11.5% in pre-market trading after the company reported second-quarter earnings of $2.93 per share, missing the analyst estimate of $3.20, and revenue of $899.15 million, below the expected $904.64 million.

Other Stocks Declining: Several other companies also experienced significant declines in pre-market trading, including Rent the Runway (down 27.1%), Frequency Electronics (down 11%), and Zhengye Biotechnology (down 9.3%).

Analyst Downgrades: Tronox Holdings saw a 5.7% drop after Mizuho analyst John Roberts downgraded the stock from Neutral to Underperform, setting a price target of $4.