U.S. STOCKS ON THE MOVE-Cleveland-Cliffs, Ciena Corp, Nokia Oyj
BUZZ-U.S. STOCKS ON THE MOVE-Cleveland-Cliffs, Ciena Corp, Nokia Oyj June 9 (Reuters) - The S&P and the Nasdaq dipped on Tuesday, erasing early gains as tech stocks lost momentum, with investors turning cautious ahead of inflation data and a highly anticipated SpaceX IPO later this week. .N
At 11:30 EDT, the Dow Jones Industrial Average .DJI was down 0.60% at 50,478.85. The S&P 500 .SPX was down 1.12% at 7,322.81, and the Nasdaq Composite .IXIC was down 1.86% at 25,448.51.
The top three S&P 500 .PG.INX percentage gainers:
** J.M. Smucker Co SJM.N, up 12.8%
** FedEx Freight Holding Company Inc FDXF.N, up 6.4%
** Pool Corp POOL.OQ, up 5.7%
The top three S&P 500 .PL.INX percentage losers:
** Coherent Corp COHR.N, down 11.6%
** Lumentum Holdings Inc LITE.OQ, down 8.6%
** Super Micro Computer Inc SMCI.OQ, down 8.2%
The top three NYSE .PG.N percentage gainers:
** American Vanguard Corp AVD.N, up 15.4%
** Rafael Holdings Inc RFL.N, up 14.7%
** J.M. Smucker Co SJM.N, up 12.8%
The top three NYSE .PL.N percentage losers:
** Zepp Health Corp ZEPP.N, down 27.2%
** Designer Brands Inc DBI.N, down 23.2%
** Redwire Corp RDW.N, down 16.1%
The top three Nasdaq .PG.O percentage gainers:
** Paranovus Entertainment Technology Ltd PAVS.OQ, up 1,317.3%
** CCSC Technology International Holdings CCTG.OQ, up 329.9%
** Core AI Holdings Inc CHAI.OQ, up 304.9%
The top three Nasdaq .PL.O percentage losers:
** SmartKem Inc SMTK.OQ, down 48.9%
** Park Ha Biological Technology Co Ltd BYAH.OQ, down 46.4%
** Julong Holding Ltd JLHL.OQ, down 44.8%
** GSK PLC GSK.N:
BUZZ - Falls on $10.6 bln Nuvalent deal to boost lung cancer portfolio nL6N42H0GK
** Nuvalent Inc NUVL.O:
BUZZ - Jumps after GSK's $10.6 bln acquisition deal nL4N42H0MN
** Sirius XM Holdings Inc SIRI.O:
BUZZ - Rises on S&P MidCap 400 inclusion nL4N42H0OK
** ArcBest Corp ARCB.O:
BUZZ - TD Cowen lifts ArcBest's PT on firm pricing momentum nL4N42H0S5
** IDEAYA Biosciences Inc IDYA.O:
BUZZ - Drops on $300 mln equity raise nL6N42H0OU
** J.M. Smucker Co SJM.N:
BUZZ - Up after quarterly profit beat, upbeat annual earnings forecast nL6N42H0PZ
** Corvus Pharmaceuticals Inc CRVS.O:
BUZZ - Rises as it invests in China partner to advance skin, asthma drug trials nL4N42H0V3
** Toll Brothers Inc TOL.N:
BUZZ - Rises after KBW lifts rating, PT nL4N42H0VK
** TG Therapeutics Inc TGTX.O:
BUZZ - Rises as early-stage data shows benefit in rare muscle weakness disease nL4N42H0VP
** CECO Environmental Corp CECO.O:
BUZZ - Jumps on lifting forecast after Thermon deal nL6N42H0QX
** Perrigo Company PLC PRGO.N:
BUZZ - CEO dismissed over personal conduct, shares fall nL6N42H0R8
** Lennar Corp LEN.N:
BUZZ - Falls after KBW downgrades rating, cuts PT nL4N42H0WS
** Alpha Cognition Inc ACOG.O:
BUZZ - Surges as study shows Alzheimer’s drug improves cognition, behavior nL4N42H0WM
** Redwire Corp RDW.N:
BUZZ - Falls on planned $500 mln stock offering nL6N42H0S1
** Academy Sports and Outdoors Inc ASO.O:
BUZZ - Rises on upbeat profit forecast, Q1 beat nL6N42H0SX
** Cleveland-Cliffs Inc CLF.N:
BUZZ - Rises after brokerage lifts rating on "supply-squeeze" nL4N42H10N
** Ciena Corp CIEN.N:
BUZZ - Eyes fifth day of declines after $2.5 bln convertible nL6N42H0Y8
** Telefonaktiebolaget LM Ericsson ERIC.O:
** Nokia Oyj NOK.N:
BUZZ - Fall after report on Nvidia 6G push nL8N42H11V
Index RIC | Index name | Percent change % |
.SPX | S&P 500 | -1.14 |
.SPLRCT | S&P 500 Information Technology | -3.01 |
.SPLRCU | S&P 500 Utilities | 0.58 |
.SPLRCD | S&P 500 Consumer Discretionary | -0.54 |
.SPLRCM | S&P 500 Materials | 0.43 |
.SPLRCI | S&P 500 Industrials | -0.44 |
.SPLRCL | S&P 500 Communication Services (Sector) | -0.35 |
.SPSY | S&P 500 Financials | 0.14 |
.SPLRCR | S&P 500 Real Estate | 1.72 |
.SPXHC | S&P 500 Health Care | 0.86 |
.SPLRCS | S&P 500 Consumer Staples | 0.92 |
.SPNY | S&P 500 Energy | -1.74 |
(Reporting by Rajarshi Roy and Koyena Das)
((Rajarshi.Roy@thomsonreuters.com))
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