BUZZ-U.S. STOCKS ON THE MOVE-Adobe, BigBear.ai, PG&E
Oct 14 (Reuters) - The S&P 500 and Nasdaq rose on Monday, with the benchmark index touching an intraday record high as investors geared up for a week packed with corporate earnings and crucial economic data that will likely test stretched stock market valuations..N
At 11:33 a.m. ET, the Dow Jones & Company Inc .DJI up 0.3% at 42,977.41. The S&P 500 .SPX was up 0.58% at 5,848.9 and the Nasdaq Composite .IXIC was up 0.75% at 18,480.636.
The top three S&P 500 .PG.INX percentage gainers:
** Vistra Corp VST.N, up 5.1%
** Humana HUM.N, up 4%
** Applied Materials AMAT.OQ, up 3.7%
The top three S&P 500 .PL.INX percentage losers:
** CrowdStrike Holdings CRWD.OQ, down 2.9%
** Albemarle ALB.N, down 2.8%
** Arch Capital Group ACGL.OQ, down 2.8%
The top NYSE .PG.N percentage gainer:
** Innovate Corp VATE.N, up 15.3%
The top three NYSE .PL.N percentage losers:
** OneConnect Financial Technology OCFT.N, down 17.2%
** Widepoint Corp WYY.N, down 13.9%
** Westwood Holdings WHG.N, down 11.9%
The top three Nasdaq .PG.O percentage gainers:
** Verb Technology VERB.O, up 76%
** Longboard Pharmaceuticals LBPH.O, up 51.2%
** Expion360 XPON.O, up 49%
The top three Nasdaq .PL.O percentage losers:
** Top Wealth TWG.O, down 31.3%
** Banzai International BNZI.O, down 14.4%
** Orgenesis ORGS.O, down 10.4%
** Boeing Co BA.N: down 1.3%
BUZZ - Slips after preliminary results, job cuts, 777X delivery delay; brokerages cut PT
** B. Riley Financial Inc RILY.O: up 26.5%
BUZZ - Soars after $386 mln deal to sell Great American Group unit to Oaktree
** Riot Platforms Inc RIOT.O: up 5.4%
** Hut 8 Mining Corp HUT.O: up 7.6%
** Marathon Digital Holdings Inc MARA.O: up 10.4%
** Coinbase Global Inc COIN.O: up 9.2%
BUZZ - US crypto stocks rise after Bitcoin hits two-week high
** WeightWatchers International Inc WW.O: up 4.2%
** Hims & Hers Health Inc HIMS.N: up 10.0%
BUZZ - Telehealth firms rise as FDA to revisit Lilly's weight-loss drug shortage
** Canada Goose Holdings Inc GOOS.N: down 7.6%
BUZZ - Drops after Wells Fargo downgrades stock on weak China demand
** Caterpillar Inc CAT.N: down 1.9%
BUZZ - Falls after Morgan Stanley lowers rating, cuts PT
** VF Corp VFC.N: down 4.8%
BUZZ - Falls as Wells Fargo cuts rating, citing high valuation, slow turnaround
** Tesla Inc TSLA.O: up 0.6%
BUZZ - Gains after Evercore ISI hikes price target
** Amer Sports Inc AS.N: down 4.0%
BUZZ - Falls after Wells Fargo downgrades to 'equal weight'
** Triumph Group Inc TGI.N: down 2.7%
BUZZ - J.P. Morgan cuts Triumph Group's rating on risk from Boeing strike
** Longboard Pharmaceuticals Inc LBPH.O: up 51.2%
BUZZ - Jumps on $2.6 bln Lundbeck buyout deal
** Upstart Holdings Inc UPST.O: up 18.7%
BUZZ - Hits over 1-yr high after Wedbush upgrades to 'neutral'
** FirstEnergy Corp FE.N: up 1.0%
BUZZ - Rises as Jefferies initiates coverage with 'hold'
** SiriusXM Holdings Inc SIRI.O: up 7.7%
BUZZ - Rallies as Buffett's Berkshire boosts stake
** Expeditors International of Washington EXPD.N: down 1.1%
BUZZ - TD Cowen lowers Expeditors rating to 'sell', cuts PT
** SoFi Technologies Inc SOFI.O: up 7.9%
BUZZ - Rises on $2 bln agreement to expand loan platform business
** SentinelOne Inc S.N: up 2.9%
BUZZ - Hits 7-month high as Piper Sandler upgrades to 'overweight'
** Jasper Therapeutics Inc JSPR.O: up 12.5%
BUZZ - Rises on prelim early-stage data for skin disease drug
** Affirm Holdings Inc AFRM.O: up 4.0%
BUZZ - Rises after Wedbush upgrades to 'neutral'
** Western Digital Corp WDC.O: up 2.1%
BUZZ - Up as memory product gets certified for use in Nvidia AI server system
** Vanda Pharmaceuticals Inc VNDA.O: up 11.4%
BUZZ - Jumps as Cycle Pharma reaffirms buyout offer
** Nasdaq Inc NDAQ.O: up 1.4%
BUZZ - Inches up after Raymond James upgrades to 'outperform'
** Arch Capital Group Inc ACGL.O: down 2.9%
BUZZ - Falls after CEO appointment
** Adobe Inc ADBE.O: up 2.4%
BUZZ - Rises on roll-out of genAI video tools
** PG&E Corp PCG.N: up 2.4%
BUZZ - Rises as Jefferies initiates coverage with 'buy'
** Diamondback Energy Inc FANG.O: down 1.8%
BUZZ - Citi resumes Diamondback Energy coverage with 'neutral'
** Ulta Beauty Inc ULTA.O: down 0.6%
BUZZ - Down as Raymond James cuts PT on slowing growth, more promotions
** GE Vernova Inc GEV.N: up 0.1%
BUZZ - BMO lifts PT on GE Vernova on power demand growth
** BlackRock Finance Inc BLK.N: up 0.2%
BUZZ - Hits record high after brokerages raise PT on growth prospects
** NextDecade Corp NEXT.O: down 3.6%
** CNX Resources Corp CNX.N: down 2.3%
** United States Natural Gas Fund LP UNG.N: down 4.1%
** ProShares Ultra Bloomberg Natural Gas LP BOIL.N: down 5.2%
BUZZ - Natgas producers fall on forecast for lower demand
** BigBear.ai Holdings Inc BBAI.N: up 12.4%
BUZZ - Up on $165 mln US Army contract
** First Busey Corp BUSE.O: down 1.3%
BUZZ - Falls as Stephens downgrades after CrossFirst deal
** Arm Holdings PLC ARM.O: up 4.5%
** Applied Materials Inc AMAT.O: up 3.7%
** Lam Research Inc LRCX.O: up 2.8%
** KLA Corp KLAC.O: up 2.4%
BUZZ - Rises, eyes record as chip stocks advance
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
up 0.48% |
Consumer Discretionary |
.SPLRCD |
up 0.16% |
Consumer Staples |
.SPLRCS |
up 0.05% |
Energy |
.SPNY |
down 0.20% |
Financial |
.SPSY |
up 0.56% |
Health |
.SPXHC |
up 0.37% |
Industrial |
.SPLRCI |
up 0.31% |
Information Technology |
.SPLRCT |
up 1.07% |
Materials |
.SPLRCM |
up 0.14% |
Real Estate |
.SPLRCR |
up 0.68% |
Utilities |
.SPLRCU |
up 1.01% |
(Compiled by Rajarshi Roy and Anshuman Tripathy)