Gold Jumps Over 4%; Seagate Shares Gain After Q2 Results
U.S. stocks showed mixed results with the S&P 500 down 0.1%. Seagate shares surged 20% after strong Q2 results, while Tian Ruixiang Holdings jumped 110% on a strategic partnership announcement. Gold rose 4.1% to $5,290.30, and oil increased by 0.9%. In contrast, CalciMedica shares plummeted 75% after halting a trial. European markets fell, while Asian markets closed higher. Mortgage applications dropped by 8.5% last week, and U.S. crude stocks fell by 2.296 million barrels, exceeding estimates.