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    Dow Gains 100 Points; US Durable Goods Orders Decline In October

    Benzinga·12/23/2025 18:13:46
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    U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 100 points on Tuesday.

    The Dow traded up 0.22% to 48,469.41 while the NASDAQ rose 0.40% to 23,521.69. The S&P 500 also rose, gaining, 0.34% to 6,901.90.

    Check This Out: Meta Platforms To $815? Here Are 10 Top Analyst Forecasts For Tuesday

    Leading and Lagging Sectors

    Communication services shares rose by 0.5% on Tuesday.

    In trading on Tuesday, consumer staples stocks fell by 0.5%.

    Top Headline

    U.S. durable goods orders declined by 2.2% month-over-month to $307.4 billion in October, compared to a revised 0.7% growth from September, versus market estimates of a 1.5% decline.

    Equities Trading UP
               

    • Novo Nordisk A/S (NYSE:NVO) shares shot up 9% to $52.30 following FDA approval of its Wegovy pill.
    • Shares of Highway Holdings Ltd (NASDAQ:HIHO) got a boost, surging 107% to $1.72 after the company inked a nonbinding letter of intent with LeMALe Beteiligungs-GmbH to acquire a 51% stake in Germany-based Regent-Feinbau Adermann GmbH.
    • Trinity Biotech PLC (NASDAQ:TRIB) shares were also up, gaining 56% to $1.39 after the company announced it was awarded an order for 9 million TrinScreen HIV tests.

    Equities Trading DOWN

    • Reviva Pharmaceuticals Holdings Inc (NASDAQ:RVPH) shares dropped 50% to $0.30. The company announced a regulator update following a pre-New Drug Application meeting with the FDA regarding brilaroxazine.
    • Shares of Starfighters Space Inc (NYSE:FJET) were down 42% to $18.27, retreating after a massive rally Monday where shares skyrocketed over 300% to highs of $31.50.
    • Argo Blockchain PLC – ADR (NASDAQ:ARBK) was down, falling 13% to $4.00.

    Commodities

    In commodity news, oil traded up 0.1% to $58.09 while gold traded up 0.2% at $4,477.10.

    Silver traded up 2.4% to $70.230 on Tuesday, while copper rose 0.9% to $5.5580.

    Euro zone

    European shares were mostly higher today. The eurozone's STOXX 600 gained 0.39%, while Spain's IBEX 35 Index rose 0.16%. London's FTSE 100 gained 0.29%, Germany's DAX 40 rose 0.22% and France's CAC 40 dropped 0.18% during the session.

    Asia Pacific Markets

    Asian markets closed mixed on Tuesday, with Japan's Nikkei 225 gaining 0.02%, Hong Kong's Hang Seng falling 0.11%, China's Shanghai Composite rising 0.07% and India's BSE Sensex falling 0.05%.

    Economics

    • U.S. GDP grew an annualized 4.3% in the third quarter, the most in two years, accelerating from 3.8% in the prior quarter, and beating market estimates of 3.3%.
    • U.S. industrial production increased 0.1% per month across October and November.
    • U.S. durable goods orders declined by 2.2% month-over-month to $307.4 billion in October, compared to a revised 0.7% growth from September, versus market estimates of a 1.5% decline.
    • The Federal Reserve’s Fifth District manufacturing index surged to -7 in December compared to -15 in November.

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