Adani Group stocks surged as Gautam Adani sought dismissal of a US SEC civil fraud case. Adani Green Energy led gains, jumping 12%. A US court granted Adani’s request to schedule a hearing on his plea to dismiss the case, citing lack of personal jurisdiction and failure to state a claim.
US stocks: Dow closes at record on Mideast optimism; SpaceX, AMD drag Nasdaq
The Dow Jones Industrial Average achieved an all-time high on Wednesday, driven by rising optimism over potential peace talks with Iran. Meanwhile, both SpaceX and