Why is Marriott International stock surging today?

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• Upcoming IPO: Coal India unit South Eastern Coalfields files papers – How much funds to be raised and other key facts

  The move forms a central part of the government's subsidiary monetization program, which has also spurred public listing preparations across other major state-run mining arms. Potential proceeds from the pure secondary offering will flow directly to the parent company to dilute its holdings rather than fund new capital expenditures. This planned divestment provides public investors direct exposure to the nation's second-largest coal producer amid expanding operational profitability.

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• U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.38%

  Equities across the British market concluded their trading session with positive momentum across the board. The upward movement reflected steady market activity that bolstered benchmark performance through the closing bell. This sustained advance highlights a constructive end to the daily session for market participants.

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• Spain stocks higher at close of trade; IBEX 35 up 1.71%

  Broad-based market gains lifted equities in Madrid throughout the trading session to finish in positive territory. The widespread rally provided strong upward momentum for key domestic shares across the exchange. Investors saw the national benchmark secure solid advances by the final bell.

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