financetom
World
financetom
/
World
/
Crude Oil Rises Sharply; Torrid Holdings Shares Plunge
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Crude Oil Rises Sharply; Torrid Holdings Shares Plunge
Jun 25, 2025 10:09 AM

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Wednesday.

The Dow traded down 0.18% to 43,011.70 while the NASDAQ gained 0.20% to 19,953.27. The S&P 500 also rose, gaining, 0.02% to 6,093.14.

Check This Out: Top 2 Utilities Stocks That May Fall Off A Cliff In Q2

Leading and Lagging Sectors

Information technology shares jumped by 0.8% on Wednesday.

In trading on Wednesday, real estate stocks fell by 1.3%.

Top Headline

U.S. crude oil inventories declined by 5.836 million barrels in the week ended June 20, compared to market estimates of a 0.75 million barrel fall.

Equities Trading UP

           

Plus Therapeutics, Inc. ( PSTV ) shares shot up 59% to $0.2968 after the company announced FDA clearance of its investigational new drug application for REYOBIQ to treat childhood brain cancer.

Shares of QuantumScape Corporation ( QS ) got a boost, surging 36% to $5.88 after the company achieved a key 2025 milestone by successfully integrating its advanced Cobra separator process into baseline cell production.

SeaStar Medical Holding Corporation ( ICU ) shares were also up, gaining 49% to $0.5362 after the company announced it is taking strategic actions to regain Nasdaq compliance.

Equities Trading DOWN

Lifeward Ltd. ( LFWD ) shares dropped 38% to $0.6015 after the company announced the pricing of a $2.6 million public offering of 4 million shares and warrants at a combined price of $0.65 per share and associated ordinary warrant.

Shares of Torrid Holdings Inc ( CURV ) were down 37% to $3.1900 after the company announced the pricing of a secondary offering of 10 million shares at $3.50 per share.

Allot Ltd. ( ALLT ) was down, falling 17% to $8.01 after the company announced the pricing of its $40 million public offering of 5 million shares at $8.00 per shares.

Commodities

In commodity news, oil traded up 2.5% to $65.99 while gold traded up 0.3% at $3,343.80.

Silver traded up 1% to $36.070 on Wednesday, while copper rose 0.7% to $4.9605.

Euro zone

European shares were lower today. The eurozone's STOXX 600 fell 0.74%, while Spain's IBEX 35 Index fell 1.59%. London's FTSE 100 fell 0.46%, Germany's DAX 40 fell 0.61% and France's CAC 40 slipped 0.76% during the session.

Asia Pacific Markets

Asian markets closed higher on Wednesday, with Japan's Nikkei gaining 0.39%, Hong Kong's Hang Seng Index gaining 1.23%, China's Shanghai Composite rising 1.04% and India's BSE Sensex rising 0.85%.

Economics

Sales of new single-family homes in the U.S. dipped by 13.7% from the previous month to an annualized rate of 623,000 units in May.

U.S. building permits declined by 2% to an annualized rate of 1.394 million in May.

U.S. volume of mortgage applications increased by 1.1% from the previous week in the week ending June 20.

U.S. crude oil inventories declined by 5.836 million barrels in the week ended June 20, compared to market estimates of a 0.75 million barrel fall.

Now Read This:

How To Earn $500 A Month From Micron Technology Stock Ahead Of Q3 Earnings

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CANADA STOCKS-TSX loses weekly winning streak as geopolitical risk weighs
CANADA STOCKS-TSX loses weekly winning streak as geopolitical risk weighs
Apr 12, 2024
* TSX falls 0.95% to 21,899.99 * For the week, the index was down 1.64% * Financials lose 0.91% after mixed U.S. bank results * Materials sector falls 1.03% as gold rally stalls (Updates at market close) By Purvi Agarwal and Fergal Smith April 12 (Reuters) - Canada's main stock index fell on Friday by the most in nearly two...
European Equities Close Mixed in Friday Trading; German Inflation Slows, UK GDP Rises
European Equities Close Mixed in Friday Trading; German Inflation Slows, UK GDP Rises
Apr 12, 2024
12:08 PM EDT, 04/12/2024 (MT Newswires) -- European stock markets closed mixed in Friday trading as the Stoxx Europe 600 was up 0.14%, the Swiss Market Index lost 0.75%, France's CAC was off 0.16%, the FTSE in London rose 0.91%, and Germany's DAX was down 0.13%. In Germany, the consumer price index was 2.2% in March, down from 2.5% in...
CANADA STOCKS-TSX drifts higher on commodities boost
CANADA STOCKS-TSX drifts higher on commodities boost
Apr 12, 2024
* TSX up 0.2% * Materials, energy lead gains * MTY Foods slip after quarterly results (Updated at 9:58 a.m. ET/ 1358 GMT) By Purvi Agarwal April 12 (Reuters) - Canada's main stock index edged higher on Friday, snapping a two-day slide as materials and energy stocks surged on stronger commodities prices. At 9:58 a.m. ET (1358 GMT), the Toronto...
EMERGING MARKETS-Latam currencies set for worst week in 6 months as dollar soars
EMERGING MARKETS-Latam currencies set for worst week in 6 months as dollar soars
Apr 12, 2024
* Peru's central bank cuts benchmark interest rate to 6% * Colombia inflation to fall at slower rate in coming months: policymaker * Brazil's services activity unexpectedly down in February * Argentina's inflation data on tap * Latam stocks down 1.3%, FX down 1.1% By Bansari Mayur Kamdar April 12 (Reuters) - Currencies in Latin America fell on Friday and...
Copyright 2023-2025 - www.financetom.com All Rights Reserved