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    Dow Jumps Over 200 Points; Cleveland-Cliffs Shares Jump After Q3 Results

    Benzinga·10/20/2025 13:50:03
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    U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Monday.

    Following the market opening Tuesday, the Dow traded up 0.47% to 46,407.15 while the NASDAQ gained 0.93% to 22,890.22. The S&P 500 also rose, gaining, 0.61% to 6,704.61.

    Check This Out: Top 2 Tech Stocks That May Fall Off A Cliff This Month

    Leading and Lagging Sectors

    Energy shares jumped by 1.2% on Monday.

    In trading on Monday, consumer staples stocks fell by 0.1%.

    Top Headline

    Cleveland-Cliffs Inc. (NYSE:CLF) shares jumped around 17% on Monday after the company reported third-quarter 2025 results.

    The steelmaker reported an adjusted loss of 45 cents per share, beating analysts' expectations for a 48-cent loss.

    Revenue totaled $4.73 billion, missing the consensus estimate of $4.90 billion but up from $4.57 billion in the same quarter last year.

    Equities Trading UP
               

    • Replimune Group, Inc. (NASDAQ:REPL) shares shot up 105% to $9.31 after the FDA accepted the company’s resubmission of the Biologics License Application for RP1 in combination with nivolumab for advanced melanoma, with a PDUFA date of April 10, 2026.
    • Shares of Celcuity Inc. (NASDAQ:CELC) got a boost, surging 55% to $80.50 after the company presented Phase 1 data at ESMO 2025 showing its gedatolisib plus darolutamide combination delivered a 9.1-month median rPFS in mCRPC with a favorable safety profile and no treatment-related discontinuations.
    • GSI Technology, Inc. (NASDAQ:GSIT) shares were also up, gaining 70% to $8.64 after the company said its associative processing uni compute-in-memory architectures can match GPU-level performance for large-scale AI applications.

    Equities Trading DOWN

    • MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) shares dropped 78% to $0.1962.
    • Shares of Adaptimmune Therapeutics plc (NASDAQ:ADAP) were down 71% to $0.0586 after the company announced it will delist from the Nasdaq.
    • United Homes Group, Inc. (NASDAQ:UHG) was down, falling 39% to $2.5944.

    United Homes Group announced conclusion of review of strategic alternatives and resignation of directors.

    Commodities

    In commodity news, oil traded down 1.2% to $56.88 while gold traded up 2.8% at $4,330.00.

    Silver traded up 2.1% to $51.165 on Monday, while copper rose 0.8% to $5.0105.

    Euro zone

    European shares were higher today. The eurozone's STOXX 600 rose 0.8%, while Spain's IBEX 35 Index rose 1.4%. London's FTSE 100 rose 0.4%, Germany's DAX 40 gained 1.6% and France's CAC 40 rose 0.2% during the session.

    Asia Pacific Markets

    Asian markets closed higher on Monday, with Japan's Nikkei 225 gaining 3.37%, Hong Kong's Hang Seng index surging 2.42%, China's Shanghai Composite gaining 0.63% and India's BSE Sensex rising 0.49%.

    Economics

    The CB Leading Index will be released today.

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