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All three main Wall Street indexes dropped on Wednesday in the minutes after the
U.S. Federal Reserve published a statement following its latest policy meeting,
in which it brought forward its projections for the first post-pandemic interest
rate hikes into 2023. .N
At 15:00 ET, the Dow Jones Industrial Average .DJI was down 0.77% at
34,036.33. The S&P 500 .SPX was down 1.03% at 4,203.02 and the Nasdaq
Composite .IXIC was down 0.65% at 13,980.898.
The top three S&P 500 .PG.INX percentage gainers:
** Centene Corp CNC.N , up 4.6%
** Enphase Energy Inc ENPH.O , up 3.9%
** Occidental Petroleum Inc OXY.N , up 2.9%
The top three S&P 500 .PL.INX percentage losers:
** Oracle Corp ORCL.N , down 5.5%
** Take-Two Interactive Software Inc TTWO.O , down 4.4%
** Citigroup Inc C.N , down 3.7%
The top three NYSE .PG.N percentage gainers:
** GTT Communications Inc GTT.N , up 15.1%
** Annovis Bio Inc ANVS.N , up 12.5%
** Maxar Technologies Inc MAXR.N up 9.8%
The top three NYSE .PL.N percentage losers:
** HMG Courtland Properties Inc HMG.N , down 53.1%
** Blue Apron Holdings Inc APRN.N , down 22.2%
** TAL Education Group TAL.N , down 17.6%
The top three Nasdaq .PG.O percentage gainers:
** Orphazyme A/S ORPH.O , up 81.7%
** Kindred Biosciences Inc KIN.O , up 45.2%
** Alfi Inc (Warrant) ALFIW.O , up 32.8%
The top three Nasdaq .PL.O percentage losers:
** Inhibikase Therapeutics Inc IKT.O , down 28.3%
** ReShape Lifesciences Inc RSLS.O , down 26.5%
** Alzamend Neuro Inc ALZN.O , down 18.7%
** Blue Apron Holdings APRN.N : down 22.2%
BUZZ-Blue Apron falls on deep-discounted $20 mln equity offering urn:newsml:reuters.com:*:nL2N2NY14K
** Forward Industries FORD.O : up 10.6%
BUZZ-Soars on distribution agreement with Chipolo urn:newsml:reuters.com:*:nL3N2NX4AF
** Catabasis Pharmaceuticals Inc CATB.O : up 7.4%
BUZZ-Rises after RA Capital discloses 7.5% passive stake urn:newsml:reuters.com:*:nL3N2NX4C1
** Amazon.com Inc AMZN.O : up 0.4%
BUZZ-Jefferies says Amazon looks better than ever, adds to 'franchise pick
list' urn:newsml:reuters.com:*:nL3N2NY23D
** MP Materials MP.N : up 2.8%
BUZZ-J.P. Morgan starts with 'overweight' on strong outlook urn:newsml:reuters.com:*:nL3N2NY2C2
** Oracle Corp ORCL.N : down 5.5%
BUZZ-Street View: Oracle growth to accelerate, but margins at stake
urn:newsml:reuters.com:*:nL3N2NY1Z1
** Inhibikase Therapeutics IKT.O : down 28.3%
BUZZ-Plunges on discounted stock offering urn:newsml:reuters.com:*:nL3N2NY2JM
** RAPT Therapeutics RAPT.O : down 9.3%
BUZZ-Slips after pricing $125 mln stock offering urn:newsml:reuters.com:*:nL2N2NY0RN
** IAC/Interactivecorp IAC.O : up 1.5%
BUZZ-Cowen says IAC to refocus on businesses after Vimeo spin-out, cuts PT
urn:newsml:reuters.com:*:nL3N2NY2J8
** X Financial XYF.N : up 5.3%
BUZZ-Rises on swinging to Q1 profit urn:newsml:reuters.com:*:nL3N2NY2O1
** Kindred Biosciences KIN.O : up 45.2%
BUZZ-Eyes best day on $440 mln takeover by Elanco urn:newsml:reuters.com:*:nL3N2NY2NU
** Sage Therapeutics SAGE.O : down 8.0%
Biogen Inc BIIB.O : down 1.0%
BUZZ-Street View: Doubts cloud Sage's positive depression trial results
urn:newsml:reuters.com:*:nL3N2NY2OI
** MannKind Corp MNKD.O : up 3.9%
BUZZ-Rises on FDA priority review for lung disease therapy urn:newsml:reuters.com:*:nL3N2NY2SR
** Altimmune Inc ALT.O : up 13.3%
BUZZ-: Rises on promising interim data from NASH treatment study USN
** DISH Network Corp DISH.O : up 2.5%
BUZZ-Dish Network gains as Pivotal upgrades to 'buy' on 5G network hopes
urn:newsml:reuters.com:*:nL3N2NY2UW
** SPI Energy SPI.O : up 8.7%
BUZZ-Climbs as unit launches EV charging products urn:newsml:reuters.com:*:nL3N2NY2VY
** Vroom Inc VRM.O : up 1.4%
BUZZ-Prices upsized $550 mln convertible deal urn:newsml:reuters.com:*:nL2N2NY10P
** Zscaler Inc ZS.O : up 1.8%
BUZZ-Gains as Mizuho raises PT on growth prospects urn:newsml:reuters.com:*:nL3N2NY2Z1
** BioCryst Pharmaceuticals BCRX.O : up 0.9%
BUZZ- Up on accelerated review of genetic disorder drug in Israel urn:newsml:reuters.com:*:nL3N2NY2ZW
** AMC Entertainment Holdings Inc AMC.N : down 9.8%
GameStop Corp GME.N : down 2.0%
Clover Health Investments Corp CLOV.O : down 7.4%
BUZZ-'Meme stocks' muted after weeks of wild swings urn:newsml:reuters.com:*:nL3N2NY2Z6
** Aprea Therapeutics APRE.O : up 17.5%
BUZZ-Jumps as adult leukemia drug shows promise urn:newsml:reuters.com:*:nL3N2NY305
** Kinder Morgan KMI.N : down 0.9%
BUZZ-Falls as brokerage cuts rating on higher valuations urn:newsml:reuters.com:*:nL3N2NY2ZN
** BriaCell Therapeutics BCTX.O : up 7.8%
BUZZ-Jumps on expanding cancer drug pipeline urn:newsml:reuters.com:*:nL3N2NY30X
** TripAdvisor Inc TRIP.O : up 1.4%
BUZZ-Jumps on subscription service launch as travel rebounds urn:newsml:reuters.com:*:nL3N2NY393
** Genasys Inc GNSS.O : up 7.8%
BUZZ-Jumps on $9.7 mln order from U.S army urn:newsml:reuters.com:*:nL3N2NY38E
** DraftKings Inc DKNG.O : down 0.8%
BUZZ-Ark buys into short seller report triggered slump in DraftKings
urn:newsml:reuters.com:*:nL3N2NY3A3
** TAL Education Group TAL.N : down 17.6%
Goatu Techedu Inc GOTU.N : down 12.6%
New Oriental Education & Technology Group Inc EDU.N : down 12.4%
BUZZ-Chinese private tutoring cos slide on report of new industry rules
urn:newsml:reuters.com:*:nL3N2NY39Y
** Roblox Corp RBLX.N : down 8.4%
BUZZ-Roblox shares slide as May daily users, bookings fall urn:newsml:reuters.com:*:nL3N2NY3AG
** Citigroup Inc C.N : down 3.7%
BUZZ-Citi sinks to near two-month low, leads bank-stock swoon urn:newsml:reuters.com:*:nL2N2NY1D8
** Cleveland-Cliffs Inc CLF.N : down 1.2%
Reliance Steel & Aluminium Co RS.N : down 2.3%
Nucor Corp NUE.N : down 2.2%
Commercial Metals Co CMC.N : down 3.5%
United States Steel Corp X.N : down 4.2%
BUZZ-'Meme stock' Cleveland-Cliffs top pick for JPM in steel sector
urn:newsml:reuters.com:*:nL3N2NY3A1
** ChargePoint Holdings Inc CHPT.N : up 3.9%
BUZZ-Rises on launch of charging solution for commercial fleets urn:newsml:reuters.com:*:nL3N2NY2SF
** Cracker Barrel CBRL.O : up 0.2%
BUZZ-Cracker Barrel secures $275 mln capital raise, shares tick down
urn:newsml:reuters.com:*:nL2N2NY1FA
** Lufax Holding Ltd LU.N : up 3.1%
BUZZ-Unit launches AI-powered loan solution, shares up urn:newsml:reuters.com:*:nL3N2NY3EW
** Torchlight Energy TRCH.O : up 18.2%
BUZZ-Torchlight shines bright while many 'Meme' stocks tumble urn:newsml:reuters.com:*:nL2N2NY1JZ
** EXFO Inc EXFO.O : up 1.9%
BUZZ-EXFO hits over 9-year high on $430 mln buyout offer from Viavi
Solutions urn:newsml:reuters.com:*:nL3N2NY3EX
** At Home Group Inc HOME.N : up 2.8%
BUZZ-At Home hits near 3-year high on sweetened buyout offer urn:newsml:reuters.com:*:nL3N2NY3EO
** Qualtrics International Inc XM.O : up 1.4%
BUZZ-Rises on partnership with Genesys urn:newsml:reuters.com:*:nL3N2NY3IM
** H&R Block Inc HRB.N : down 6.4%
BUZZ-H&R Block set for biggest pct drop in a year after results urn:newsml:reuters.com:*:nL2N2NY1RA
** Beyond Meat Inc BYND.O : up 1.0%
BUZZ-Rises after analyst raises price target urn:newsml:reuters.com:*:nL2N2NY1RI
** Kinross Gold K.TO : down 6.6%
BUZZ- Falls on suspension of mill operations due to fire urn:newsml:reuters.com:*:nL3N2NY3KG
** Molecular Partners AG MOLN.O : down 12.4%
BUZZ-Switzerland's Molecular Partners AG slides in Nasdaq debut urn:newsml:reuters.com:*:nL3N2NY3KY
** Workhorse Group WKHS.O : up 2.7%
BUZZ-Workhorse shares rev up after report of contract challenge urn:newsml:reuters.com:*:nL2N2NY1SM
** Sea Ltd SE.N : up 0.6%
BUZZ-Sea Ltd edges higher, Bernstein points to "super app" urn:newsml:reuters.com:*:nL2N2NY1V5
** General Motors Co GM.N : up 1.3%
BUZZ-GM rises on plans for higher electric vehicle spending urn:newsml:reuters.com:*:nL3N2NY3MT
** Alfi Inc ALF.O : up 4.1%
BUZZ-Jumps again after tablet rollout to Uber and Lyft drivers urn:newsml:reuters.com:*:nL2N2NY1Y7
** Royal Caribbean RCL.N : up 0.9%
Carnival Corp CCL.N : up 1.6%
Norwegian Cruise Line Holdings Ltd NCLH.N : up 1.3%
BUZZ-Cruise stocks gain on brokerage upgrade even as summer trips are delayed
urn:newsml:reuters.com:*:nL3N2NY3ME
** Shopify Inc SHOP.N : up 2.4%
BUZZ-Shopify jumps to February high urn:newsml:reuters.com:*:nL2N2NY1YS
** Coca-Cola Co KO.N : down 0.9%
BUZZ-Coca-Cola extends losses following Ronaldo snub urn:newsml:reuters.com:*:nL3N2NY39K
** Orphazyme A/S ORPH.O : up 81.7%
BUZZ-Surges before FDA decision on genetic disorder drug urn:newsml:reuters.com:*:nL3N2NY3OL
** Creatd Inc CRTD.O : up 0.8%
BUZZ- Rises on plan to buy majority stake in talent management firm WHE
urn:newsml:reuters.com:*:nL3N2NY3PC
The 11 major S&P 500 sectors:
Communication Services .SPLRCL down 0.99%
Consumer Discretionary .SPLRCD down 0.14%
Consumer Staples .SPLRCS down 0.94%
Energy .SPNY down 0.53%
Financial .SPSY down 0.05%
Health .SPXHC down 0.18%
Industrial .SPLRCI down 0.86%
Information Technology .SPLRCT down 0.93%
Materials .SPLRCM down 1.08%
Real Estate .SPLRCR down 0.56%
Utilities .SPLRCU down 1.33%
(Compiled by Sohini Podder in Bengaluru)