U.S. STOCKS ON THE MOVE-Olema Pharma, Akamai Technologies, US banks
10/10/2023 16:56
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Wall Street's main indexes advanced on Tuesday as U.S. Treasury yields retreated
following dovish comments from Federal Reserve policymakers overnight, though
caution prevailed amid escalating tensions in the Middle East. .N
At 11:38 ET, the Dow Jones Industrial Average .DJI was up 0.66% at
33,827.25. The S&P 500 .SPX was up 1.00% at 4,378.96 and the Nasdaq Composite
.IXIC was up 1.17% at 13,642.318.
The top three S&P 500 .PG.INX percentage gainers:
** Truist Financial Corp TFC.N , up 6.4%
** Enphase Energy ENPH.O , up 5.9%
** First Solar FSLR.O , up 5.5%
The top three S&P 500 .PL.INX percentage losers:
** L3Harris Technologies LHX.N , down 1.6%
** Northrop Grumman NOC.N , down 1.6%
** Qorvo Inc QRVO.OQ , down 1.5%
The top three NYSE .PG.N percentage gainers:
** Startek Inc SRT.N , up 29.2%
** PGT Innovations PGTI.N , up 20.6%
** MIX Telematics Ltd MIXT.N , up 16.8%
The top three NYSE .PL.N percentage losers:
** John Wiley & Sons WLYB.N , down 15.2%
** Oil-Dri Corporation of America OILD.N , down 11.5%
** PSQ Holdings PSQH.N , down 10.5%
The top three Nasdaq .PG.O percentage gainers:
** SMX SMX.O , up 63.9%
** Prestige Wealth PWM.O , up 35.8%
** PowerFleet PWFL.O , up 26.9%
The top three Nasdaq .PL.O percentage losers:
** Akero Therapeutics AKRO.O , down 68 %
** Falcon’s Beyond Global FBYDP.O , down 47.6 %
** Primech Holdings PMEC.O , down 42.8 %
** Unity Software Inc U.N : up 4.0%
BUZZ - Rises on CEO's exit urn:newsml:reuters.com:*:nL4N3BG1YC
** Alibaba.com Ltd BABA.N : up 2.9%
** JD.com Inc JD.O : up 3.2%
** Pinduoduo Inc PDD.O : up 2.6%
** Bilibili Inc BILI.O : up 9.3%
BUZZ - China ADRs rise on report of fresh stimulus urn:newsml:reuters.com:*:nL4N3BG21H
** Lexicon Pharmaceuticals Inc LXRX.O : up 11%
BUZZ - Up on heart failure drug's Cigna 'preferred product' listing
urn:newsml:reuters.com:*:nL4N3BG20U
** Juniper Networks Inc JNPR.N : down 1.3%
BUZZ - Hits 1-year low on JPM downgrade urn:newsml:reuters.com:*:nL4N3BG3GB
** PepsiCo Inc PEP.O : up 1.5%
BUZZ - Rises as co hikes annual profit forecast urn:newsml:reuters.com:*:nL4N3BG37W
** NanoString Technologies Inc NSTG.O : up 23.3%
BUZZ - To cut about 110 jobs, shares rise urn:newsml:reuters.com:*:nL4N3BG2HC
** Coherent Corp COHR.N : up 10%
BUZZ - Gains on $1 bln investment from Denso, Mitsubishi Electric urn:newsml:reuters.com:*:nL4N3BG2I1
** Darling Ingredients Inc DAR.N : down 0.6%
BUZZ - Brokerages cut PT on Darling Ingredients over renewable fuel margin
pressures urn:newsml:reuters.com:*:nL4N3BG2H8
** Arm Holdings PLC ARM.O : up 1.3%
BUZZ - Up on wave of 'buy' ratings from analysts urn:newsml:reuters.com:*:nL4N3BG29U
** Ocugen Inc OCGN.O : up 5.4%
BUZZ - Rises on vaccine candidate's selection for NIAID clinical trial
urn:newsml:reuters.com:*:nL4N3BG2K1
** Akero Therapeutics Inc AKRO.O : down 68%
BUZZ - Slides as NASH drug fails to meet main goal in study urn:newsml:reuters.com:*:nL4N3BG3EV
** BioXcel Therapeutics Inc BTAI.O : up 19.3%
BUZZ - Rises as cancer therapy succeeds in mid-stage study urn:newsml:reuters.com:*:nL4N3BG2O4
** Truist Financial Corp TFC.N : up 6.4%
BUZZ - Up after report says bank in talks to sell insurance unit for $10 bln
urn:newsml:reuters.com:*:nL4N3BG29H
** Electronic Arts Inc EA.O : up 3.2%
BUZZ - Rises as BofA upgrades rating, hikes PT urn:newsml:reuters.com:*:nL4N3BG2R5
** 89bio Inc ETNB.O : down 36.3%
BUZZ - Falls as rival Akero's NASH drug fails in mid-stage study urn:newsml:reuters.com:*:nL4N3BG3J6
** Honeywell International Inc HON.O : up 0.2%
BUZZ - Up as restructures business to three units down from four urn:newsml:reuters.com:*:nL4N3BG2R6
** Palantir Technologies Inc PLTR.N : up 2.8%
BUZZ - Rises on winning new U.S. Army AI contract urn:newsml:reuters.com:*:nL1N3BG16Y
** Inovio Pharmaceuticals Inc INO.O : up 9.5%
BUZZ - Climbs on positive FDA feedback for co's respiratory disease therapy
urn:newsml:reuters.com:*:nL4N3BG2XC
** Uranium Royalty Corp UROY.O : down 6.7%
BUZZ - Declines after bought deal financing urn:newsml:reuters.com:*:nL4N3BG2ZT
** Neogen Corp NEOG.O : down 1.3%
BUZZ - Falls after downbeat first-quarter results urn:newsml:reuters.com:*:nL4N3BG35X
** iShares MSCI Israel ETF EIS.N : up 2.1%
BUZZ - Israel-exposed ETFs recover as traders assess Middle East turmoil
urn:newsml:reuters.com:*:nL4N3BG3CW
** Annexon Inc ANNX.O : up 3.6%
BUZZ - Up on EMA's 'orphan drug' tag for neurological disorder drug
urn:newsml:reuters.com:*:nL4N3BG2IL
** Olema Pharmaceutical Inc OLMA.O : up 2%
BUZZ - Up on expanded partnership with Novartis urn:newsml:reuters.com:*:nL4N3BG2O8
** PagerDuty Inc PD.N : down 0.6%
BUZZ - Hits 11-month low after convertible debt deal launch urn:newsml:reuters.com:*:nL1N3BG1LL
** John Wiley & Sons Inc WLY.N : down 8.3%
BUZZ - Falls after CEO steps down urn:newsml:reuters.com:*:nL4N3BG3F0
** Athersys Inc ATHX.O : down 49.5%
BUZZ - Hits record low on flagging bankruptcy risk urn:newsml:reuters.com:*:nL4N3BG3GZ
** Akamai Technologies Inc AKAM.O : up 1.6%
** Lumen Technologies Inc LUMN.N : up 5.3%
BUZZ - Up on buying select customer contracts from Lumen Technologies
urn:newsml:reuters.com:*:nL4N3BG3HI
** Ballard Power Systems Inc BLDP.O : up 4.6%
BUZZ - Rises on hydrogen fuel cell engines order win urn:newsml:reuters.com:*:nL4N3BG3K4
** Emeren Group Ltd SOL.N : up 9.4%
BUZZ - Rises as co completes grid connection of solar energy storage project in
China urn:newsml:reuters.com:*:nL4N3BG3KM
** Ventyx Biosciences Inc VTYX.O : down 26.9%
BUZZ - Falls as brokerages cut PT on underwhelming trial results urn:newsml:reuters.com:*:nL4N3BG3LE
** JPMorgan Chase & Co JPM.N : up 0.9%
** Bank of America Corp BAC.N : up 3.2%
** Citigroup Inc C.N : up 2%
** Wells Fargo & Co WFC.N : up 1.1%
BUZZ - US banks gain on hopes Fed may be done with rate hikes urn:newsml:reuters.com:*:nL4N3BG3LX
** Haemonetics Corp HAE.N : up 2.2%
BUZZ - Rises after all-cash deal to acquire OpSens urn:newsml:reuters.com:*:nL4N3BG28Z
** PGT Innovations Inc PGTI.N : up 20.6%
BUZZ - Hits 5-year high after co rejects bid; JP Morgan raises PT urn:newsml:reuters.com:*:nL4N3BG3MO
The 11 major S&P 500 sectors:
Communication Services .SPLRCL up 0.88%
Consumer Discretionary .SPLRCD up 1.94%
Consumer Staples .SPLRCS up 1.38%
Energy .SPNY up 0.48%
Financial .SPSY up 1.12%
Health .SPXHC up 0.61%
Industrial .SPLRCI up 0.98%
Information Technology .SPLRCT up 0.78%
Materials .SPLRCM up 1.59%
Real Estate .SPLRCR up 0.96%
Utilities .SPLRCU up 0.88%
(Compiled by Rajarshi Roy and Annett Mary Manoj)
((AnnettMary.Manoj@thomsonreuters.com;))