Shares of Tesla, Inc. TSLA jumped 6% as optimism over Fed rate-cut expectations and a technical breakout fueled strong buying momentum.
Shares of Warner Bros. Discovery, Inc. WBD soared 29% on reports that Paramount Skydance is preparing a majority-cash takeover bid for the company.
Dow Inc.’s DOW stock gained 5% on materials emerging as one of the biggest winning sectors of the day.
Shares of AbbVie Inc. ABBV rose 4.1% after the company secured a settlement extending patent protection for its immunology drug Rinvoq until 2037, ruling out generic competition for years.
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