Daqo New Energy (DQ) climbed steadily during the first 2 hours of trade Wednesday, but was range-bound for the remainder of the session. The stock closed up by 1.25 at $8.15 on the highest volume of the year.
Daqo New Energy has been rising sharply for the past week and closed Wednesday at over a 7-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.