BUZZ-U.S. STOCKS ON THE MOVE-Silver miners, Albemarle, Pfizer
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 13:33 ET, the Dow Jones Industrial Average .DJI was up 0.28% at 38,694.64. The S&P 500 .SPX was up 0.64% at 5,111.04 and the Nasdaq Composite .IXIC was up 0.77% at 16,061.68.
The top three S&P 500 .PG.INX percentage gainers:
** DexCom DXCM.OQ, up 7.8%
** Albemarle ALB.N, up 7.5%
** Skyworks Solutions SWKS.OQ, up 6%
The top three S&P 500 .PL.INX percentage losers:
** Brown Forman B BFb.N, down 9.6%
** Northern Trust NTRS.OQ, down 5.5%
** Morgan Stanley MS.N, down 4.8%
The top two NYSE .PG.N percentage gainers:
** NeueHealth NEUE.N, up 25.6%
** Hippo Holdings HIPO.N, up 25.5%
The top NYSE .PL.N percentage losers:
** Foot Locker FL.N, down 30.9%
The top three Nasdaq .PG.O percentage gainers:
** Aptorum Group APM.O, up 662.7%
** NKGen Biotech NKGN.O, up 228.9%
** TRxADE Health MEDS.O, up 124.2%
The top three Nasdaq .PL.O percentage losers:
** Ocean Biomedical OCEA.O, down 25.9%
** Phunware PHUN.O, down 23.2%
** J-Long Group JL.O, down 21%
** CrowdStrike Holdings CRWD.O: up 11.8%
BUZZ - Jumps on strong 2025 forecast, lifts cybersecurity firms
** SoFi Technologies SOFI.O: up 3.3%
BUZZ - Bounces from over 6-week lows as ARK ramps up buying
** Couchbase BASE.O: up 4.8%
BUZZ - Climbs after Q4 revenue beat, smaller-than-expected loss
** Ross Stores ROST.O: down 1.2%
BUZZ - Falls after downbeat forecasts
** Xerox Holdings XRX.O: down 10.6%
BUZZ - Slides on planned convertible debt offering
** JD.com JD.O: up 16.5%
BUZZ - Jumps on Q4 rev beat, share buyback
** Nordstrom JWN.N: down 15.8%
BUZZ - Shares drop on weak 2024 forecast
** Estee Lauder Companies EL.N: down 1.6%
BUZZ - Down on complaint of carcinogen in some acne products
** ChargePoint Holdings CHPT.N: down 3.3%
BUZZ - Falls after downbeat Q1 revenue forecast
** Foot Locker FL.N: down 30.9%
BUZZ - Falls on delay in long-term profit target, dour FY profit view
** Canoo GOEV.O: down 8.2%
BUZZ - Falls after announcing reverse stock split
** DexCom DXCM.O: up 7.8%
BUZZ - Rises after FDA clears use of first OTC continuous glucose monitor
** Vanda Pharmaceuticals VNDA.O: down 4.7%
BUZZ - Falls after FDA declines to approve sleep disorder drug
** Riot Platforms RIOT.O: up 1.5%
** Marathon Digital Holdings MARA.O: up 5.1%
** Hut 8 Mining HUT.O: up 5.5%
** Bit Digital BTBT.O: up 1.5%
BUZZ - Crypto stocks climb as bitcoin bounces
** Viper Energy VNOM.O: down 7.6%
BUZZ - Slides on Diamondback's share sale
** Creative Medical Technology Holdings CELZ.O: up 22.5%
BUZZ - Rises on FDA's 'orphan drug' tag for transplantation therapy
** Corbus Pharmaceuticals Holdings CRBP.O: up 4.9%
BUZZ - Jefferies upgrades Corbus Pharmaceuticals to 'buy' over cancer drug's market potential
** Palantir technologies PLTR.N: up 10.8%
BUZZ - Gains on U.S. Army contract
** Box BOX.N: up 8.2%
BUZZ - Gains on Q4 profit beat; brokerages raise price targets
** Napco Security Technologies NSSC.O: down 6.5%
BUZZ - Falls as CEO slashes stake in secondary offering
** Nexalin Technology NXL.O: up 37.6%
BUZZ - Rises on positive data for sleep disorder treatment device
** Vivani Medical VANI.O: up 5.8%
BUZZ - Rises after appointing former Amylin Pharmaceuticals CEO to its board
** Iterum Therapeutics PLC ITRM.O: up 17.8%
BUZZ - Rises on plans to submit marketing application for UTI drug earlier
** Tesla TSLA.O: down 1.2%
BUZZ - Faces risks to Q1 earnings, says Baird
** Hippo Holdings HIPO.N: up 25.5%
BUZZ - Rises on upbeat Q4 results
** MicroStrategy MSTR.O: up 18.7%
BUZZ - Rebounds after upsized capital raise to buy more bitcoin
** Bloom Energy BE.N: up 5.3%
BUZZ - Gains on Shell agreement to develop hydrogen technology
** Morgan Stanley MS.N: down 4.8%
BUZZ - Slides for second straight day
** Brown-Forman BFb.N: down 9.6%
BUZZ - Falls after Jack Daniel's maker cuts FY organic sales forecast
** Abercrombie & Fitch Co ANF.N: down 5.2%
BUZZ - Snaps 5-day rally
** THOR Industries THO.N: down 12.9%
BUZZ - Slumps after trimming FY forecasts
** Wave Life Sciences WVE.O: up 31.6%
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
** Newmont NEM.N: up 2.2%
** Barrick Gold GOLD.N: up 2.7%
** Gold Fields GFI.N: up 3.1%
** Sibanye Stillwater Ltd SBSW.N: up 13.2%
BUZZ - Gold miners gain as bullion hits all-time-high
** NextDecade NEXT.O: up 11.8%
** Sempra SRE.N: up 0.8%
BUZZ - Gain on investment interest from ADNOC, Aramco
** Nuvei NVEI.O: down 7.9%
BUZZ - Falls as annual forecasts disappoint
** Precision BioSciences DTIL.O: up 2.5%
BUZZ - Rises on UK to test partner's genetic disorder therapy in humans
** Paramount Global PARA.O: up 2.7%
BUZZ - Rises on report in talks to sell stake in India TV to Reliance
** Visa V.N: up 0.4%
BUZZ - Up after Wells Fargo raises price target
** Crescent Energy Co CRGY.N: down 4.9%
BUZZ - Gerdes downgrades Crescent Energy to ""; shares down
** Hecla Mining HL.N: up 3.8%
** Coeur Mining CDE.N: up 6.7%
** Wheaton Precious Metals WPM.N: up 3.1%
** MAG Silver MAG.N: up 4.8%
BUZZ - Silver miners rise as rate-cut bets gain ground
** Albemarle ALB.N: up 7.5%
BUZZ - Bounces from over 3-yr low after upsized $2 bln capital raise
** Pfizer PFE.N: up 4.1%
BUZZ - Sees best one-day percentage gain in over months
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
down 0.21% |
Consumer Discretionary |
.SPLRCD |
down 0.12% |
Consumer Staples |
.SPLRCS |
up 0.69% |
Energy |
.SPNY |
up 0.74% |
Financial |
.SPSY |
up 0.32% |
Health |
.SPXHC |
up 0.66% |
Industrial |
.SPLRCI |
up 0.73% |
Information Technology |
.SPLRCT |
up 1.20% |
Materials |
.SPLRCM |
up 0.77% |
Real Estate |
.SPLRCR |
up 0.29% |
Utilities |
.SPLRCU |
up 0.94% |
(Compiled by Priyanka.G & Rajarshi Roy)