Dow Jumps Over 1%; US Inflation Holds at 3.4% In August
U.S. stocks rose Friday as inflation held at 3.4%; the Dow gained 550 points. Oil fell, European shares climbed and Asian markets declined.
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Maxim Group Downgrades U Power to Hold
Maxim Group analyst Tate Sullivan downgrades U Power (NASDAQ:UCAR) from Buy to Hold.
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U Power shares are trading higher after the company announced that its hydrogen-powered energy solutions and data center infrastructure venture, HYDRO DATA, was invited to participate in Data Center Asia 2026.