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Wall Street's main indexes fell sharply on Thursday as fresh evidence of a tight
labor market and hawkish comments from policymakers deepened fears of elevated
interest rates for longer than expected. .N
At 13:40 ET, the Dow Jones Industrial Average .DJI was down 0.83% at
32,992.98. The S&P 500 .SPX was down 0.77% at 3,823.34 and the Nasdaq
Composite .IXIC was down 0.86% at 10,368.612.
The top three S&P 500 .PG.INX percentage gainers:
** Lamb Weston Holdings Inc LW.N , up 10.2%
** Western Digital Corp WDC.O , up 6.4%
** Valero Energy Corp VLO.N , up 4%
The top three S&P 500 .PL.INX percentage losers:
** Constellation Brands Inc STZ.N , down 9.4%
** Epam Systems Inc EPAM.N , down 8.9%
** Walgreens Boots Alliance Inc WBA.O , down 7.3%
The top three NYSE .PG.N percentage gainers:
** AMTD Digital Inc HKD.N , up 192.6%
** AMTD IDEA Group AMTD.N , up 32.8%
** Palatin Technologies Inc PTN.N , up 28.5%
The top two NYSE .PL.N percentage losers:
** Silvergate Capital Corp SI.N , down 42.6%
** RPM International Inc RPM.N , down 13%
The top three Nasdaq .PG.O percentage gainers:
** Bellerophon Therapeutics Inc BLPH.O , up 144.8%
** Magic Empire Global Ltd MEGL.O , up 80.2 %
** Novocure Ltd NVCR.O , up 56.2 %
The top three Nasdaq .PL.O percentage losers:
** Nuwellis Inc NUWE.O , down 29.7 %
** Geron Corp GERN.O , down 20.4 %
** Opgen Inc OPGN.O , down 20.2 %
** Western Digital Corp WDC.O : up 6.4%
BUZZ - Rises on report of merger talks with Kioxia urn:newsml:reuters.com:*:nL4N33Q21Y
** Marathon Petroleum Corp MPC.N : up 3.5%
BUZZ - JP Morgan calls Marathon Petroleum 'top-performing' refiner, raises PT
urn:newsml:reuters.com:*:nL4N33Q262
** C.H. Robinson Worldwide Inc CHRW.O : down 1.5%
BUZZ - Cowen downgrades C.H. Robinson, sees pressure from drop in cargo rates
urn:newsml:reuters.com:*:nL4N33Q266
** Boxed Inc BOXD.N : up 37.7%
BUZZ - Climbs on exploring strategic alternatives, including a sale
urn:newsml:reuters.com:*:nL4N33Q2AQ
** Silvergate Capital Corp SI.N : down 42.6%
BUZZ - Hits 2-1/2 year low as crypto-related deposits plummet urn:newsml:reuters.com:*:nL4N33Q2UI
** Walgreens Boots Alliance Inc WBA.O : down 7.3%
BUZZ - Falls after posting Q1 loss vs yr-ago profit urn:newsml:reuters.com:*:nL4N33Q2ZC
** NovoCure Ltd NVCR.O : up 56.2%
BUZZ - Surges as lung cancer therapy meets main goal in study urn:newsml:reuters.com:*:nL4N33Q31G
** Conagra Brands Inc CAG.N : up 2.6%
BUZZ - Climbs to near 6-year high on annual forecast raise urn:newsml:reuters.com:*:nL4N33Q30X
** Danaher Corp DHR.N : down 3.1%
BUZZ - Slips as Credit Suisse downgrades amid reduced COVID vaccine demand
urn:newsml:reuters.com:*:nL1N33Q0U0
** Bed Bath & Beyond Inc BBBY.O : down 23.7%
BUZZ - Plummets on going concern doubts urn:newsml:reuters.com:*:nL4N33Q2T3
** Y-mAbs Therapeutics Inc YMAB.O : down 7.4%
BUZZ - Falls as 2023 forecast for sole commercial drug disappoints urn:newsml:reuters.com:*:nL4N33Q2C4
** Orchard Therapeutics Plc ORTX.O : up 28.2%
BUZZ - Jumps on FDA nod for human trials of genetic disease therapy
urn:newsml:reuters.com:*:nL4N33Q2IY
** Constellation Brands Inc STZ.N : down 9.4%
BUZZ - Slips on earnings forecast cut urn:newsml:reuters.com:*:nL4N33Q2XE
** CrowdStrike Holdings Inc CRWD.O : down 7.6%
BUZZ - Slides as Jefferies steps to sidelines on 'challenging' 2023
urn:newsml:reuters.com:*:nL1N33Q0ZU
** Freeport-McMoRan Inc FCX.N : up 3.2%
BUZZ - PT raised by Raymond James on higher copper prices urn:newsml:reuters.com:*:nL4N33Q2IR
** Zai Lab Ltd ZLAB.O : up 43.6%
BUZZ - Soars on positive data from partner's cancer therapy urn:newsml:reuters.com:*:nL4N33Q2MU
** Biogen Inc BIIB.O : up 0.3%
BUZZ - FDA approval of Biogen's 2nd Alzheimer's drug likely - Wells Fargo
urn:newsml:reuters.com:*:nL4N33Q2K8
** Exxon Mobil Corp XOM.N : up 2.7%
** Chevron Corp CVX.N : up 2.2%
** ConocoPhillips COP.N : up 3.5%
** Occidental Petroleum Corp OXY.N : up 2.2%
BUZZ - Oil companies gain as U.S. pipeline shutdown lifts crude prices
urn:newsml:reuters.com:*:nL4N33Q2KM
** AMTD Digital Inc HKD.N : up 192.6%
BUZZ - Gears up for another eye-popping rally urn:newsml:reuters.com:*:nL4N33Q2KR
** Lindsay Corp LNN.N : up 3.2%
BUZZ - Rises on higher Q1 earnings urn:newsml:reuters.com:*:nL4N33Q2ST
** ABVC BioPharma Inc ABVC.O : up 87.1%
BUZZ - Surges on FDA nod to start lung cancer drug trial urn:newsml:reuters.com:*:nL4N33Q2R0
** Cheniere Energy Inc LNG.N : down 0.1%
** Woodside Energy Group Ltd WDS.N : down 0.3%
** TotalEnergies SE TTE.N : up 0.2%
BUZZ - Bernstein sees LNG supply remaining tight in 2023 urn:newsml:reuters.com:*:nL4N33Q2N2
** Tesla Inc TSLA.O : down 2.5%
BUZZ - Falls on weak sales of China-made vehicles in December urn:newsml:reuters.com:*:nL4N33Q33C
** Salarius Pharmaceuticals Inc SLRX.O : up 4.7%
BUZZ - Rises on U.S. patent for potential cancer therapy urn:newsml:reuters.com:*:nL4N33Q2OR
** Lamb Weston Foldings Inc LW.N : up 10.2%
BUZZ - Gains after raising 2023 outlook urn:newsml:reuters.com:*:nL4N33Q2YW
** Newmont Corp NEM.N : down 0.9%
** Barrick Gold Corp GOLD.N : down 1.1%
** Sibanye Stillwater Ltd SBSW.N : down 0.6%
** Gold Fields Ltd GFI.N : down 0.7%
BUZZ - Gold miners fall as tight labor market stokes rate-hike worries
urn:newsml:reuters.com:*:nL4N33Q2MN
** Geron Corp GERN.O : down 20.4%
BUZZ - Retreats ahead of planned $175 mln equity offering urn:newsml:reuters.com:*:nL1N33Q1H6
** RPM International Inc RPM.N : down 13.3%
BUZZ - Falls as rising interest rates hurt Q2 sales urn:newsml:reuters.com:*:nL4N32V2LB
** Stitch Fix Inc SFIX.O : up 10.1%
BUZZ - Rises on plans to cut about 20% of salaried positions urn:newsml:reuters.com:*:nL4N33Q2X8
** Fortuna Silver Mines Inc FSM.N : down 12.8%
BUZZ - Dips on notice to reassess environmental clearances for Mexico mine
urn:newsml:reuters.com:*:nL4N33Q2UG
** Bellerophon Therapeutics Inc BLPH.O : up 144.8%
BUZZ - Jumps on China commercialization deal urn:newsml:reuters.com:*:nL4N33Q2VK
** ViewRay Inc VRAY.O : up 8.9%
BUZZ - Rises on purchase agreements for radiation therapy system urn:newsml:reuters.com:*:nL4N33Q2ZD
** Southern Co SO.N : down 2.0%
BUZZ - Falls after naming insider as CEO [nL4N33Q32C ]
** Acer Therapeutics Inc ACER.O : up 5.6%
BUZZ - Starts drug trials for a type of prostate cancer, shares rise
urn:newsml:reuters.com:*:nL4N33Q32Q
** Shopify Inc SHOP.N : down 2.6%
BUZZ - Falls as Jefferies downgrades on e-commerce slowdown urn:newsml:reuters.com:*:nL1N33Q1SR
** Seres Therapeutics Inc MCRB.O : down 1.1%
BUZZ - Colon inflammation drug will likely get U.S. approval- Cannacord Genuity
urn:newsml:reuters.com:*:nL4N33Q332
** Designer Brands Inc DBI.N : down 2.1%
BUZZ - Falls after CEO change urn:newsml:reuters.com:*:nL4N33Q349
** Microsoft Corp MSFT.O : down 2.6%
BUZZ - Drops for fourth day in a row urn:newsml:reuters.com:*:nL4N33Q369
The 11 major S&P 500 sectors:
Communication Services .SPLRCL down 0.18%
Consumer Discretionary .SPLRCD down 0.56%
Consumer Staples .SPLRCS down 0.77%
Energy .SPNY up 2.32%
Financial .SPSY down 0.80%
Health .SPXHC down 0.71%
Industrial .SPLRCI down 0.98%
Information Technology .SPLRCT down 1.22%
Materials .SPLRCM down 1.10%
Real Estate .SPLRCR down 2.53%
Utilities .SPLRCU down 1.83%
(Compiled by Priyamvada C and Rajarshi Roy in Bengaluru)
((Priyamvada.c@thomsonreuters.com Rajarshi.Roy@thomsonreuters.com))