BUZZ-U.S. STOCKS ON THE MOVE-Couchbase, Foot Locker, Nordstrom
Wall Street's main indexes rose on Wednesday after Federal Reserve Chair Jerome Powell in prepared remarks ahead of his congressional testimony said the central bank expects to reduce its benchmark interest rate later this year. .N
At 10:43 ET, the Dow Jones Industrial Average .DJI was up 0.38% at 38,731.02. The S&P 500 .SPX was up 0.52% at 5,104.88 and the Nasdaq Composite .IXIC was up 0.47% at 16,014.807.
The top three S&P 500 .PG.INX percentage gainers:
** Hewlett Packard Enterprise HPE.N, up 6.7%
** Skyworks Solutions SWKS.OQ, up 5.1%
** Cincinnati Financial CINF.OQ, up 4.87%
The top two S&P 500 .PL.INX percentage losers:
** Brown Forman B BFb.N, down 9%
** Northern Trust NTRS.OQ, down 5.55%
The top two NYSE .PL.N percentage losers:
** Foot Locker Inc FL.N, down 26.9%
** Nordstrom JWN.N, down 12.5%
The top three Nasdaq .PG.O percentage gainers:
** Aptorum Group APM.O, up 408.6%
** NKGen Biotech NKGN.O, up 130.4%
** Rail Vision RVSN.O, up 60.9%
The top three Nasdaq .PL.O percentage losers:
** Phunware PHUN.O, down 23.7%
** Ocean Biomedical OCEA.O, down 29%
** Xeris Biopharma XERS.O, down 18.4%
** CrowdStrike Holdings CRWD.O: up 14.7%
BUZZ - Jumps on strong 2025 forecast, lifts cybersecurity firms
** Couchbase BASE.O: up 4.3%
BUZZ - Climbs after Q4 revenue beat, smaller-than-expected loss
** Ross Stores ROST.O: down 0.3%
BUZZ - Falls after downbeat forecasts
** Xerox Holdings XRX.O: down 7.7%
BUZZ - Drops after convertible debt deal launch
** JD.com JD.O: up 19.1%
BUZZ - Jumps on Q4 rev beat, share buyback
** Nordstrom JWN.N: down 12.5%
BUZZ - Shares drop on weak 2024 forecast
** Estee Lauder Companies EL.N: down 2.2%
BUZZ - Down on complaint of carcinogen in some acne products
** ChargePoint Holdings CHPT.N: down 8.5%
BUZZ - Falls after downbeat Q1 revenue forecast
** Foot Locker FL.N: down 26.9%
BUZZ - Falls on delay in long-term profit target, dour FY profit view
** Canoo GOEV.O: down 12.8%
BUZZ - Falls after announcing reverse stock split
** DexCom DXCM.O: up 4.2%
BUZZ - Rises after FDA clears use of first OTC continuous glucose monitor
** Vanda Pharmaceuticals VNDA.O: down 4.3%
BUZZ - Falls after FDA declines to approve sleep disorder drug
** Viper Energy VNOM.O: down 7.5%
BUZZ - Slides on Diamondback's share sale
** Creative Medical Technology Holdings CELZ.O: up 13.1%
BUZZ - Rises on FDA's 'orphan drug' tag for transplantation therapy
** Corbus Pharmaceuticals Holdings CRBP.O: up 6.4%
BUZZ - Jefferies upgrades Corbus Pharmaceuticals to 'buy' over cancer drug's market potential
** Palantir technologies PLTR.N: up 5.7%
BUZZ - Gains on U.S. Army contract
** Box BOX.N: up 6.3%
BUZZ - Gains on Q4 profit beat; brokerages raise price targets
** Napco Security Technologies NSSC.O: down 11.0%
BUZZ - Falls as CEO slashes stake in secondary offering
** Nexalin Technology NXL.O: up 17.1%
BUZZ - Rises on positive data for sleep disorder treatment device
** Vivani Medical VANI.O: up 1.8%
BUZZ - Rises after appointing former Amylin Pharmaceuticals CEO to its board
** Iterum Therapeutics PLC ITRM.O: up 11.5%
BUZZ - Rises on plans to submit marketing application for UTI drug earlier
** Tesla TSLA.O: down 1.9%
BUZZ - Faces risks to Q1 earnings, says Baird
** Hippo Holdings HIPO.N: up 9.0%
BUZZ - Rises on upbeat Q4 results
** MicroStrategy MSTR.O: up 12.3%
BUZZ - Rebounds after upsized capital raise to buy more bitcoin
** Bloom Energy BE.N: up 1.1%
BUZZ - Gains on Shell agreement to develop hydrogen technology
** Morgan Stanley MS.N: down 2.2%
BUZZ - Slides for second straight day
** Brown-Forman BFb.N: down 9.0%
BUZZ - Falls after Jack Daniel's maker cuts FY organic sales forecast
** THOR Industries THO.N: down 9.8%
BUZZ - Slumps after trimming FY forecasts
** New York Community Bancorp NYCB.N: down 4.5%
BUZZ - Resumes fall as last week's rout extends
** Wave Life Sciences WVE.O: up 29.0%
BUZZ - Rises on Q4 revenue beat, smaller-than-expected loss
** Rio Tinto PLC RIO.N: up 2.2% premarket
** BHP Group BHP.N: up 2.1% premarket
** Southern Copper SCCO.N: up 2.0% premarket
** Freeport-McMoRan FCX.N: up 2.7% premarket
BUZZ - Copper miners gain as weaker dollar, lower stocks boost metal's prices
** Bank of New York Mellon Corp BNY.N: down 0.4%
** State Street Corp STT.N: down 1.1%
** Customers Bancorp Inc CUBI.N: down 1.4%
** Zions Bancorporation NA ZION.O: down 1.3%
BUZZ - US banks fall after Powell's comments on inflation
** Progressive PGR.N: up 1.6%
BUZZ - Rises after Morgan Stanley upgrades to 'overweight'
** Newmont NEM.N: up 1.7%
** Barrick Gold GOLD.N: up 1.6%
** Gold Fields GFI.N: up 2.4%
** Sibanye Stillwater SBSW.N: up 9.2%
BUZZ - Gold miners gain as bullion hits all-time-high
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
down 0.36% |
Consumer Discretionary |
.SPLRCD |
down 0.25% |
Consumer Staples |
.SPLRCS |
up 0.62% |
Energy |
.SPNY |
up 0.82% |
Financial |
.SPSY |
up 0.42% |
Health |
.SPXHC |
up 0.86% |
Industrial |
.SPLRCI |
up 0.73% |
Information Technology |
.SPLRCT |
up 0.78% |
Materials |
.SPLRCM |
up 0.90% |
Real Estate |
.SPLRCR |
up 0.38% |
Utilities |
.SPLRCU |
up 0.81% |
(Compiled by Priyanka.G & Rajarshi Roy)