Gold Moves Higher; ISM Services PMI Eases In June
benzinga_article·- U.S. stocks displayed mixed movements, with the Dow Jones index down 0.1% while the NASDAQ and S&P 500 rose 1.36% and 0.69%, respectively. - The ISM services PMI fell to 54.0 in June, matching market expectations, while the S&P Global services PMI increased to 51.2. - Key stock movements included Terawulf Inc rising 13% after securing a lease deal, while REE Automotive Ltd plummeted 65% due to a Nasdaq delisting notice.US Stocks Higher; Nasdaq Gains Over 150 Points
benzinga_article·- U.S. stocks rose this morning, with the Nasdaq Composite increasing over 150 points and the Dow up 0.10% to 52,953.74. - The S&P Global services PMI improved to 51.2 in June, indicating growth in the sector. - Lianhe Sowell International Group's shares surged 219% following AI supply agreements, while REE Automotive's shares plummeted 66% due to a Nasdaq delisting notice.