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Wall Street rallied on Wednesday, led by gains in rate-sensitive megacap growth
stocks, after data showed inflation cooled further in June and boosted hopes
that the Federal Reserve was nearing the end of its monetary-tightening cycle.
.N
At 11:49 ET, the Dow Jones Industrial Average .DJI was up 0.61% at
34,469.98. The S&P 500 .SPX was up 0.75% at 4,472.41 and the Nasdaq Composite
.IXIC was up 0.85% at 13,878.135.
The top three S&P 500 .PG.INX percentage gainers:
** Dominos Pizza DPZ.N , up 11.1%
** Comerica Inc CMA.N , up 5.4%
** KeyCorp New KEY.N , up 5.1%
The top three S&P 500 .PL.INX percentage losers:
** Palo Alto Networks PANW.OQ , down 6.3%
** Centene Corp CNC.N , down 4.5%
** Cigna Group CI.N , down 3.7%
The top two NYSE .PG.N percentage gainers:
** Ault Alliance AULT.N , up 78.2%
** Holley Inc HLLY.N , up 21.6%
The top two NYSE .PL.N percentage losers:
** Marti Technologies MRT.N , down 24.8%
** Forge Global Holdings FRGE.N , down 17.2%
The top three Nasdaq .PG.O percentage gainers:
** Healthcare Triangle Ord HCTI.O , up 120.6%
** Petros Pharmaceuticals PTPI.O , up 104.7%
** Recursion Pharmaceuticals RXRX.O , up 65.3%
The top two Nasdaq .PL.O percentage losers:
** CBL International Ltd BANL.O , down 48.7%
** Painreform Ltd PRFX.O , down 46.9%
** Hershey Co HSY.N : down 0.8%
BUZZ - Brokerages cut PT on Hershey citing near-term risks urn:newsml:reuters.com:*:nL4N38Y2KF
** InMode Ltd INMD.O : up 10.9%
BUZZ - Gains on raising FY revenue guidance urn:newsml:reuters.com:*:nL4N38Y2TG
** Cisco Systems Inc CSCO.O : down 2.2%
BUZZ - Slips as BofA downgrades to 'neutral' urn:newsml:reuters.com:*:nL4N38Y2UJ
** Domino's Pizza Inc DPZ.N : up 11.1%
BUZZ - Hits 11-mth high on partnership with Uber urn:newsml:reuters.com:*:nL4N38Y3H7
** AVROBIO Inc AVRO.O : up 43.8%
BUZZ - Rises on plans to explore strategic alternatives, job cuts urn:newsml:reuters.com:*:nL4N38Y2W5
** DraftKings Inc DKNG.O : up 6.1%
BUZZ - Gains as BofA upgrades to 'buy', raises PT urn:newsml:reuters.com:*:nL4N38Y2VU
** Silk Road Medical Inc SILK.O : down 33.0%
BUZZ - Tumbles, InspireMD rises after Medicare coverage proposal for stents
urn:newsml:reuters.com:*:nL4N38Y3K6
** Liminal Biosciences Inc LMNL.O : up 40.5%
BUZZ - Jumps on buyout by Thomvest urn:newsml:reuters.com:*:nL4N38Y3F4
** Aridis Pharmaceuticals Inc ARDS.O : up 22.9%
BUZZ - Gains after FDA grants QIDP tag to pneumonia drug urn:newsml:reuters.com:*:nL4N38Y303
** NIO Inc NIO.N : up 2.1%
BUZZ - Rises after closing equity investment from CYVN Holdings urn:newsml:reuters.com:*:nL4N38Y32B
** AngioDynamics Inc ANGO.O : down 2.6%
BUZZ - Falls on 2024 rev outlook miss urn:newsml:reuters.com:*:nL4N38Y2US
** Daktronics Inc DAKT.O : up 23.6%
BUZZ - Rises on higher Q4 sales urn:newsml:reuters.com:*:nL4N38Y33Y
** Alibaba.com Ltd BABA.N : up 2.6%
** Baidu Inc BIDU.O : up 3.5%
** JD.com Inc JD.O : up 4.3%
** Pinduoduo Inc PDD.O : up 4.9%
BUZZ - US-listed Chinese tech stocks rise as China eases crackdown on sector
urn:newsml:reuters.com:*:nL4N38Y3F9
** Salesforce Inc CRM.N : up 0.9%
BUZZ - Edges higher after brokerages raise PT on list price hike urn:newsml:reuters.com:*:nL4N38Y34T
** VMware Inc VMW.N : up 2.0%
BUZZ - Up after EU antitrust approves Broadcom's $61 bln deal urn:newsml:reuters.com:*:nL4N38Y33X
** Recursion Pharmaceuticals Inc RXRX.O : up 65.3%
BUZZ - Soars as Nvidia invests in co to train AI models for drug discovery
urn:newsml:reuters.com:*:nL4N38Y36H
** ShiftPixy Inc PIXY.O : down 20.5%
BUZZ - Plunges on $3.1 mln public offering urn:newsml:reuters.com:*:nL4N38Y35Z
** Redfin Corp RDFN.O : down 5.3%
BUZZ - Slips as DA Davidson downgrades to "underperform" urn:newsml:reuters.com:*:nL1N38Y1CA
** LivePerson Inc LPSN.O : up 24.1%
BUZZ - Says CEO to step down, shares rise urn:newsml:reuters.com:*:nL4N38Y37M
** T2 Biosystems Inc TTOO.O : down 18.3%
BUZZ - Slips after downbeat Q2 prelim revenue urn:newsml:reuters.com:*:nL4N38Y39G
** Visa Inc V.N : up 0.9%
** Mastercard Inc MA.N : up 0.7%
** American Express Co AXP.N : up 0.9%
** PayPal Holdings Inc PYPL.O : up 0.1%
BUZZ - US consumer lenders, payment cos up as inflation cools in June
urn:newsml:reuters.com:*:nL4N38Y37G
** GoodRx Holdings Inc GDRX.O : up 18.4%
BUZZ - Rises on collaboration with CVS to cut out-of-pocket drug costs
urn:newsml:reuters.com:*:nL4N38Y3A5
** Lucid Group Inc LCID.O : down 11.5%
BUZZ - Slides after Q2 production falls, flat deliveries growth urn:newsml:reuters.com:*:nL4N38Y3E4
** Zynex Inc ZYXI.O : up 1.9%
BUZZ - Gains on higher Q2 orders urn:newsml:reuters.com:*:nL4N38Y3FP
** Tesla Inc TSLA.O : up 1.3%
BUZZ - Bull and bear case for Tesla heading into Q2 report urn:newsml:reuters.com:*:nL4N38Y3FJ
** Holley Inc HLLY.N : up 21.6%
BUZZ - Soars as brokerages upgrade stock rating urn:newsml:reuters.com:*:nL4N38Y3FH
** Barrick Gold Corp GOLD.N : up 4.1%
** Newmont Corp NEM.N : up 3.6%
** AngloGold Ashanti Ltd AU.N : up 5.9%
** Harmony Gold Mining Co Ltd HMY.N : up 6.9%
BUZZ - Gold miners climb as bullion advances on Fed pause bets urn:newsml:reuters.com:*:nL4N38Y3IK
** JPMorgan Chase & Co JPM.N : up 1.3%
** Bank of America Corp BAC.N : up 1.8%
** Wells Fargo & Co WFC.N : up 1.3%
** Morgan Stanley MS.N : up 1.7%
BUZZ - US banks jumps as June inflation cools urn:newsml:reuters.com:*:nL4N38Y3IN
** Adobe Inc ADBE.O : up 0.1%
BUZZ - Up as AI tool Firefly to now support prompts in over 100 languages
urn:newsml:reuters.com:*:nL4N38Y3DA
** Lazard Ltd LAZ.N : up 4.1%
** Jefferies Financial Group Inc JEF.N : up 5.8%
** Houlihan Lokey Inc HLI.N : up 2.2%
** Moelis & Co MC.N : up 1.2%
BUZZ - Jump as Morgan Stanley upgrades on M&A rebound urn:newsml:reuters.com:*:nL1N38Y1VI
** Exxon Mobil Corp XOM.N : up 0.5%
** Chevron Corp CVX.N : up 0.4%
** Kinder Morgan Inc KMI.N : up 1.0%
** Devon Energy Corp DVN.N : up 0.8%
BUZZ - Energy sector gains as U.S. inflation cools urn:newsml:reuters.com:*:nL4N38Y3KL
** RumbleOn Inc RMBL.O : down 0.6%
BUZZ - Former CEO threatens to file legal claims, shares drop urn:newsml:reuters.com:*:nL4N38Y3PJ
The 11 major S&P 500 sectors:
Communication Services .SPLRCL up 1.13%
Consumer Discretionary .SPLRCD up 0.96%
Consumer Staples .SPLRCS up 0.50%
Energy .SPNY up 0.60%
Financial .SPSY up 1.04%
Health .SPXHC up 0.21%
Industrial .SPLRCI up 0.13%
Information Technology .SPLRCT up 0.83%
Materials .SPLRCM up 1.23%
Real Estate .SPLRCR up 1.01%
Utilities .SPLRCU up 1.22%
(Compiled by Rajarshi Roy and Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com))