U.S. STOCKS ON THE MOVE-Biogen, Incyte, Quantum Cyber
BUZZ-U.S. STOCKS ON THE MOVE-Biogen, Incyte, Quantum Cyber June 26 (Reuters) - The S&P 500 and the Nasdaq were on pace for steep weekly losses as chipmakers came under renewed selling pressure on Friday after a stellar run this quarter, with investors questioning high valuations and the repercussions of massive AI spending by companies. .N
At 11:32 EDT, the Dow Jones Industrial Average .DJI was up 0.31% at 52,083.11. The S&P 500 .SPX was up 0.29% at 7,378.64, and the Nasdaq Composite .IXIC was up 0.25% at 25,420.78.
The top three S&P 500 .PG.INX percentage gainers:
** Moderna Inc MRNA.O, up 13.5%
** Factset Research Systems Inc FDS.N, up 9.7%
** ServiceNow Inc NOW.N, up 8.0%
The top three S&P 500 .PL.INX percentage losers:
** ON Semiconductor Corp ON.O, down 21.1%
** Western Digital Corp WDC.O, down 10.0%
** Lumentum Holdings Inc LITE.O, down 8.2%
The top three NYSE .PG.N percentage gainers:
** Firy Inc FIRY.N, up 15.2%
** LiveWire Group Inc LVWR.N, up 14.9%
** Via Transportation Inc VIA.N, up 13.5%
The top three NYSE .PL.N percentage losers:
** Bloom Energy Corp BE.N, down 12.7%
** United Microelectronics Corp UMC.N, down 8.5%
** Onto Innovation Inc ONTO.N, down 7.7%
The top three Nasdaq .PG.O percentage gainers:
** Picocela Inc PCLA.O, up 109.3%
** INLIF Ltd INLF.O, up 82.7%
** Sadot Group Inc SDOT.O, up 82.2%
The top three Nasdaq .PL.O percentage losers:
** PS International Group Ltd PSIG.O, down 85.2%
** Lichen International Ltd LICN.O, down 42.6%
** Kustom Entertainment Inc KUST.O, down 36.4%
** On Semiconductor Corp ON.O:
BUZZ - Drops, Synaptics rises on $7 billion all-stock deal to tap 'physical AI' nL4N42Y0HO
** Crocs Inc CROX.O:
BUZZ - Up after Piper Sandler upgrades rating to 'overweight' nL4N42Y0JE
** Qualcomm Inc QCOM.O:
** Micron Technology Inc MU.O:
** Nvidia Corp NVDA.O:
** Broadcom Inc AVGO.O:
BUZZ - Chips stocks fall as tech selloff deepens nL6N42Y0V7
** Newmont Corp NEM.N:
** Gold Fields Ltd GFI.N:
** Harmony Gold Mining Co Ltd HMY.N:
** AngloGold Ashanti PLC AU.N:
BUZZ - Gold miners rise as bullion prices edge higher nL4N42Y0ZY
** Ares Management Corp ARES.N:
** Apollo Global Management Inc APO.N:
BUZZ - Underlying Q2 redemption trends show signs of peaking, RBC says nL6N42Y0N3
** Amgen Inc AMGN.O:
BUZZ - Up after EMA recommends revoking marketing authorization for rare-disease drug nL4N42Y0PT
** Columbus Circle Capital Corp II CMII.O:
BUZZ - Climbs on Elroy Air take-public deal nL4N42Y0OA
** HIVE Digital Technologies Ltd HIVE.O:
BUZZ - Drops after $115 mln exchangeable notes sale nL6N42Y0PL
** Acadia Pharmaceuticals Inc ACAD.O:
BUZZ - Jumps after EU panel reverses opinion on neurological disorder drug nL4N42Y0R0
** Fortrea Holdings Inc FTRE.O:
BUZZ - Slips after new CFO appointment nL4N42Y0QK
** Nuvation Bio Inc NUVB.N:
BUZZ - Falls on upsized $250 mln convertible bond offering nL6N42Y0QB
** Omeros Corp OMER.O:
BUZZ - Falls on negative EU opinion for transplant drug nL4N42Y0U8
** Replimune Group Inc REPL.O:
BUZZ - Slips as FDA accepts skin cancer drug review, but advisory panel adds risk nL4N42Y0UP
** Quantum Cyber NV QUCY.O:
BUZZ - Jumps on SpaceX stake purchase plan nL4N42Y0TT
** Incyte Corp INCY.O:
BUZZ - Rises on positive EU panel opinion for eczema cream nL4N42Y0XJ
** Biogen Inc BIIB.O:
BUZZ - Rises; co scales back drug programs acquired through $5.6 bln Apellis deal nL6N42Y0UV
** Sinda Ltd SIND.N:
BUZZ - Set for New York debut after $213 million IPO nL6N42Y0VN
Index RIC | Index name | Percent change % |
.SPX | S&P 500 | 0.29 |
.SPLRCT | S&P 500 Information Technology | -0.73 |
.SPLRCU | S&P 500 Utilities | 0.44 |
.SPLRCD | S&P 500 Consumer Discretionary | 1.92 |
.SPLRCM | S&P 500 Materials | -0.24 |
.SPLRCI | S&P 500 Industrials | -0.93 |
.SPLRCL | S&P 500 Communication Services (Sector) | 0.69 |
.SPSY | S&P 500 Financials | 0.71 |
.SPLRCR | S&P 500 Real Estate | 1.05 |
.SPXHC | S&P 500 Health Care | 2.78 |
.SPLRCS | S&P 500 Consumer Staples | 1.44 |
.SPNY | S&P 500 Energy | -0.41 |
(Reporting by Rajarshi Roy and Anzar Mehraj in Bengaluru)
((Anzar.Mehraj@thomsonreuters.com))
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Acadia Pharma jumps after EU panel reverses opinion on neurological disorder drug
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