U.S. STOCKS ON THE MOVE-Apple, Celgene, GM, Best Buy, Gilead
03/01/2019 17:00
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Wall Street sank 2 percent on Thursday as a key gauge of factory activity
suffered its biggest drop in a decade, rattling investors already shaken by a
rare profit warning from Apple Inc AAPL.O . .N
At 11:32 a.m. ET, the Dow Jones Industrial Average .DJI was down 2.41
percent at 22,782.99. The S&P 500 .SPX was down 1.80 percent at 2,464.83 and
the Nasdaq Composite .IXIC was down 1.96 percent at 6,535.139.
The top three S&P 500 .PG.INX percentage gainers:
** Celgene Corp CELG.O , up 25.3 pct urn:newsml:reuters.com:*:nL3N1Z339L
** Incyte Corp INCY.O , up 6.6 pct urn:newsml:reuters.com:*:nL3N1Z32UA
** Gilead Sciences Inc GILD.O , up 4.5 pct urn:newsml:reuters.com:*:nL3N1Z334K
The top three S&P 500 .PL.INX percentage losers:
** Bristol-Myers Squibb Co BMY.N , down 12.1 pct urn:newsml:reuters.com:*:nL3N1Z32RL
** Delta Air Lines Inc DAL.N , down 8.9 pct urn:newsml:reuters.com:*:nL3N1Z33FU
** American Airlines Group Inc AAL.O , down 8.8 pct urn:newsml:reuters.com:*:nL3N1Z33FU
The top NYSE .PG.N percentage gainer:
** Sanchez Midstream Partners LP SNMP.N , up 19 pct
The top NYSE .PL.N percentage loser:
** Arlo Technologies Inc ARLO.N , down 13.1 pct
The top three Nasdaq .PG.O percentage gainers:
** Integrated Media Technology Ltd IMTE.O , up 37.1 pct
** BioXcel Therapeutics Inc BTAI.O , up 28.9 pct urn:newsml:reuters.com:*:nL3N1Z339G
** Phunware Inc PHUN.O , up 26.6 pct
The top three Nasdaq .PL.O percentage losers:
** Datasea Inc DTSS.O , down 17.1 pct
** Lindblad Expeditions Holdings Inc LINDW.O , down 15.9 pct
** Vaccinex Inc VCNX.O , down 11.4 pct
** Apple Inc AAPL.O : down 8.7 pct
Apple set to pull some iPhones from its German stores after Qualcomm enforces
ban urn:newsml:reuters.com:*:nL3N1Z334V
Street View: Apple takes a hit from weak iPhone forecast, China headwinds
urn:newsml:reuters.com:*:nL3N1Z32CM
** Celgene Corp CELG.O : up 25.3 pct
BUZZ-Jumps on buyout offer from Bristol-Myers urn:newsml:reuters.com:*:nL3N1Z32S5
BUZZ-Street View: Celgene finds exit strategy with Bristol-Myers deal
urn:newsml:reuters.com:*:nL3N1Z339L
Bristol-Myers bulks up cancer portfolio with $74 bln Celgene deal urn:newsml:reuters.com:*:nL3N1Z32RL
** General Motors Co GM.N : down 3.4 pct
BUZZ-Skids as U.S. Q4 sales fall urn:newsml:reuters.com:*:nL3N1Z32Z8
GM U.S. new vehicle sales fall 2.7 pct in fourth quarter urn:newsml:reuters.com:*:nL1N1Z309U
** Best Buy Co. Inc BBY.N : down 0.6 pct
BUZZ-Apple revenue warning jolts Best Buy urn:newsml:reuters.com:*:nL3N1Z330B
Apple cuts sales forecast as China sales weaken; iPhone pricing in focus
urn:newsml:reuters.com:*:nL3N1Z236Y
** Gilead Sciences Inc GILD.O : up 4.5 pct
BUZZ-Gains after Oppenheimer upgrades on new CEO urn:newsml:reuters.com:*:nL3N1Z334K
** Amazon.com Inc AMZN.O : down 1.2 pct
** Patterson Companies Inc PDCO.O : up 0.8 pct
** Henry Schein Inc HSIC.O : down 2.0 pct
BUZZ-Dental supply market fraught with challenges in 2019 urn:newsml:reuters.com:*:nL3N1Z32NX
** First Solar Inc FSLR.O : up 3.1 pct
BUZZ-Shares higher as Goldman Sachs upgrades to "buy" urn:newsml:reuters.com:*:nL3N1Z32OV
** Sesen Bio Inc SESN.O : down 31.3 pct
BUZZ-Falls after a 5-day high as prelim data from lead drug disappoints
urn:newsml:reuters.com:*:nL3N1Z331H
** Izea Worldwide Inc IZEA.O : up 17.2 pct
BUZZ-Jumps after securing December contracts urn:newsml:reuters.com:*:nL3N1Z32VR
** Array Biopharma Inc ARRY.O : up 2.8 pct
BUZZ-Guggenheim picks Array Biopharma as favorite biotech stock for 2019
urn:newsml:reuters.com:*:nL3N1Z32UA
** Cirrus Logic Inc CRUS.O : down 5.5 pct
** Skyworks Solutions Inc SWKS.O : down 8.2 pct
** Broadcom Inc AVGO.O : down 5.7 pct
** Micron Technology Inc MU.O : down 4.1 pct
** Advanced Micro Devices Inc AMD.O : down 6.7 pct
** Texas Instruments Inc TXN.O : down 3.7 pct
** NXP Semiconductors N.V. NXPI.O : down 2.6 pct
** Analog Devices Inc ADI.O : down 4.3 pct
BUZZ-Chipmakers on Apple cut: More reason to dump, rather than add - MS
urn:newsml:reuters.com:*:nL3N1Z32T7
** Aevi Genomic Medicine Inc GNMX.O : down 75.5 pct
BUZZ-Tumbles as ADHD trial fails urn:newsml:reuters.com:*:nL3N1Z330Q
** Valeritas Holdings Inc VLRX.O : up 4.4 pct
BUZZ-Rises in heavy trading on positive news for insulin device urn:newsml:reuters.com:*:nL3N1Z3336
** Ohr Pharmaceutical Inc OHRP.O : up 58.3 pct
BUZZ-Jumps on merger deal with NeuBase Therapeutics urn:newsml:reuters.com:*:nL3N1Z330V
** Cocrystal Pharma Inc COCP.O : up 15.9 pct
BUZZ-Jumps on entering licensing deal with Merck urn:newsml:reuters.com:*:nL3N1Z334D
** Alliqua BioMedical Inc ALQA.O : up 17.8 pct
BUZZ-Jumps on special dividend plan urn:newsml:reuters.com:*:nL3N1Z334Q
** United Technologies Corp UTX.N : down 3.6 pct
BUZZ-Citi resumes at "neutral," sees volatility ahead urn:newsml:reuters.com:*:nL3N1Z336V
** Tapestry Inc TPR.N : down 3.1 pct
** Capri Holdings Ltd CPRI.N : down 3.8 pct
** Ralph Lauren Corp RL.N : down 2.4 pct
** Tiffany & Co TIF.N : down 2.2 pct
BUZZ-U.S luxury goods makers: Lose sheen on Apple's revenue cut urn:newsml:reuters.com:*:nL3N1Z334P
** United Continental Holdings Inc UAL.O : down 5.9 pct
** Southwest Airlines Co LUV.N : down 3.7 pct
** JetBlue Airways Corp JBLU.O : down 2.4 pct
** Alaska Air Group Inc ALK.N : down 5.8 pct
** Spirit Airlines Inc SAVE.N : down 8.4 pct
BUZZ-U.S. airlines: Fall after Delta cuts Q4 unit revenue estimate urn:newsml:reuters.com:*:nL3N1Z33HP
** BioXcel Therapeutics Inc BTAI.O : up 28.9 pct
BUZZ-Jumps on positive data in early stage Alzheimer's study urn:newsml:reuters.com:*:nL3N1Z339G
** Albemarle Corp ALB.N : down 5.0 pct
BUZZ-Falls after Berenberg downgrades to "hold" urn:newsml:reuters.com:*:nL3N1Z33CU
** Starbucks Corp SBUX.O : down 3.7 pct
BUZZ-Shares down after rival Luckin's aggressive China expansion plan
urn:newsml:reuters.com:*:nL3N1Z33D6
The 11 major S&P 500 sectors:
Communication Services .SPLRCL down 0.83 pct
Consumer Discretionary .SPLRCD down 1.47 pct
Consumer Staples .SPLRCS down 0.26 pct
Energy .SPNY down 0.89 pct
Financial .SPSY down 1.65 pct
Health .SPXHC down 1.53 pct
Industrial .SPLRCI down 2.66 pct
Information Technology .SPLRCT down 3.83 pct
Materials .SPLRCM down 2.13 pct
Real Estate .SPLRCR up 1.18 pct
Utilities .SPLRCU down 0.05 pct
(Compiled by Aakash Jagadeesh Babu in Bengaluru)
((Aakash.B@thomsonreuters.com; within the U.S. +16462238780, outside the U.S.
+91 80 67491576; Reuters Messaging: Aakash.B.thomsonreuters.com@reuters.net))