{"id":161198,"date":"2025-11-03T22:13:15","date_gmt":"2025-11-03T22:13:15","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/161198\/"},"modified":"2025-11-03T22:13:15","modified_gmt":"2025-11-03T22:13:15","slug":"gold-edges-higher-ism-manufacturing-pmi-falls-in","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/161198\/","title":{"rendered":"Gold Edges Higher; ISM Manufacturing PMI Falls In\u2026"},"content":{"rendered":"<p>        <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/11\/Ceramic-Test.jpeg\" width=\"640\" height=\"360\"\/>Ceramic Test<\/p>\n<p>U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more than 150 points on Monday.<\/p>\n<p>The Dow traded down 0.41% to 47,369.42 while the NASDAQ rose 0.54% to 23,853.68. The S&amp;P 500 also rose, gaining, 0.22% to 6,855.42.<\/p>\n<p>Check This Out: <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/long-ideas\/25\/11\/48587995\/how-to-earn-500-a-month-from-pfizer-stock-ahead-of-q3-earnings\" target=\"_blank\" rel=\"noopener nofollow\">How To Earn $500 A Month From Pfizer Stock Ahead Of Q3 Earnings<\/a><\/p>\n<p><strong>Leading and Lagging Sectors<\/strong><\/p>\n<p>Consumer discretionary shares jumped by 1.8% on Monday.<\/p>\n<p>In trading on Monday, materials stocks fell by 0.6%.<\/p>\n<p><strong>Top Headline<\/strong><\/p>\n<p>The ISM manufacturing PMI declined to 48.7 in October from 49.1 in the previous month, down from market estimates of 49.5.<\/p>\n<p><strong>Equities Trading UP<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>\n<strong>Cipher Mining Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/CIFR\" target=\"_blank\" rel=\"noopener nofollow\">CIFR<\/a>) shares shot up 22% to $22.82 after the company announced a $5.5 billion, 15-year lease agreement with Amazon Web Services to provide 300 MW of turnkey space and power for AI workloads.<\/li>\n<li>Shares of <strong>Resolute Holdings Management, Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/RHLD\" target=\"_blank\" rel=\"noopener nofollow\">RHLD<\/a>) got a boost, surging 88% to $138.76 after the company reported quarterly financial results.<\/li>\n<li>\n<strong>Tharimmune, Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/THAR\" target=\"_blank\" rel=\"noopener nofollow\">THAR<\/a>) shares were also up, gaining 14% to $3.35 after the company entered into $540 million private placement to fund Canton Network Blockchain strategy.<\/li>\n<\/ul>\n<p><strong>Equities Trading DOWN<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>\n<strong>uniQure N.V. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/QURE\" target=\"_blank\" rel=\"noopener nofollow\">QURE<\/a>) shares dropped 50% to $33.64 after the company received feedback from the FDA during pre-BLA meeting regarding AMT-130, investigational gene therapy for HD.<\/li>\n<li>Shares of <strong>Alvotech <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ALVO\" target=\"_blank\" rel=\"noopener nofollow\">ALVO<\/a>) were down 33% to $5.13. The U.S. Food and Drug Administration (FDA) on Monday issued a complete response letter (CRL) for Alvotech&#8217;s Biologics License Application (BLA) for AVT05, in a prefilled syringe and autoinjector presentations, a biosimilar candidate to Johnson &amp; Johnson&#8217;s (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/JNJ\" target=\"_blank\" rel=\"noopener nofollow\">JNJ<\/a>) Simponi (golimumab), for moderately to severely active rheumatoid arthritis.<\/li>\n<li>\n<strong>ALPS Group Inc <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ALPS\" target=\"_blank\" rel=\"noopener nofollow\">ALPS<\/a>) was down, falling 50% to $1.29 as the company announced the pricing of public offering.<\/li>\n<\/ul>\n<p><strong>Commodities<\/strong><\/p>\n<p>In commodity news, oil traded down 0.1% to $60.93 while gold traded up 0.4% at $4,011.80.<\/p>\n<p>Silver traded down 0.5% to $47.905 on Monday, while copper fell 0.9% to $5.0420.<\/p>\n<p><strong>Euro zone<\/strong><\/p>\n<p>European shares were mixed today. The eurozone&#8217;s STOXX 600 gained 0.07%, while Spain&#8217;s IBEX 35 Index rose 0.03%. London&#8217;s FTSE 100 fell 0.16%, Germany&#8217;s DAX 40 gained 0.73% and France&#8217;s CAC 40 fell 0.14% during the session.<\/p>\n<p><strong>Asia Pacific Markets<\/strong><\/p>\n<p>Asian markets closed higher on Monday, with Hong Kong&#8217;s Hang Seng gaining 0.97%, China&#8217;s Shanghai Composite rising 0.55% and India&#8217;s BSE Sensex gaining 0.05%.<\/p>\n<p><strong>Economics<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>The ISM manufacturing PMI declined to 48.7 in October from 49.1 in the previous month, down from market estimates of 49.5.<\/li>\n<li>The S&amp;P Global manufacturing PMI gained to 52.5 in October from 52.0 in September and compared to the preliminary reading of 52.2.<\/li>\n<\/ul>\n<p><strong>Now Read This: <\/strong><\/p>\n<p>Photo via Shutterstock<\/p>\n","protected":false},"excerpt":{"rendered":"Ceramic Test U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more&hellip;\n","protected":false},"author":2,"featured_media":161199,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[9,79,1063,179,18,1831,19,1826,17,5,1828,1827,1829,1830,66],"class_list":{"0":"post-161198","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-breaking-news","9":"tag-business","10":"tag-daily-news","11":"tag-economy","12":"tag-eire","13":"tag-global-news","14":"tag-ie","15":"tag-inkl","16":"tag-ireland","17":"tag-news","18":"tag-news-app","19":"tag-news-headlines","20":"tag-news-today","21":"tag-today-news","22":"tag-world-news"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115488070865196113","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/161198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=161198"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/161198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/161199"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=161198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=161198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=161198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}