U.S. STOCKS ON THE MOVE-Spotify, Coursera, Tandem Diabetes Care

Coursera

19/09/2024 17:05

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Wall Street rallied on Thursday with the S&P 500 hitting another intraday record
high after the Federal Reserve kicked off its easing cycle with
half-a-percentage point reduction and forecast more cuts were on the horizon.
 .N 
    
    At 11:34 ET, the Dow Jones Industrial Average  .DJI  was up 1.02% at
41,927.77. The S&P 500  .SPX  was up 1.66% at 5,711.6 and the Nasdaq Composite
 .IXIC  was up 2.66% at 18,040.538.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Darden Restaurants  DRI.N , up 7.2%
 ** Airbnb  ABNB.O , up 7%
 ** Tesla  TSLA.O , up 6.7%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** NextEra Energy  NEE.N , down 3.1%
 ** Ventas  VTR.N , down 2.9%
 ** American Tower  AMT.N , down 2.7%
 
 The top NYSE  .PG.N  percentage gainer:
 ** Impact Biomedical  IBO.N , up 21.8%
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Zeo Energy  ZEO.O , up 173.7%
 ** Garden Stage  GSIW.O , up 137%
 ** Telesis Bio  TBIO.O , up 122.1%
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Golden Heaven Group Holdings  GDHG.O , down 31.2%
 ** Progyny  PGNY.O , down 29.8%
 ** Aligos Therapeutics  ALGS.O , down 25.9%
 
 
 ** Progyny  PGNY.O : down 29.8%
 BUZZ - Plummets as big client plans to terminate services agreement
 urn:newsml:reuters.com:*:nL4N3L11AC 

 ** Apple  AAPL.O : up 3.4%
 ** Meta Platform  META.O : up 4%
 ** Microsoft  MSFT.O : up 1.9%
 ** Nvidia  NVDA.O : up 5.3%
 BUZZ - Tech stocks lead broad rally as investors cheer Fed's jumbo rate cut
 urn:newsml:reuters.com:*:nL4N3L10RV 
    
 ** Coinbase Global  COIN.O : up 7.1%
 ** Bitfarms  BITF.O : up 6.9%
 ** Microstrategy  MSTR.O : up 10.2%
 ** Riot Platforms  RIOT.O : up 1.9%
 BUZZ - Crypto stocks rise after bitcoin hits three-week high  urn:newsml:reuters.com:*:nL4N3L10SS 
    
 ** JPMorgan Chase  JPM.N : up 1.5%
 ** Wells Fargo  WFC.N : up 2.4%
 ** Bank of America  BAC.N : up 2.6%
 ** Citigroup  C.N : up 3.2%
 BUZZ - US big banks rise after Fed's jumbo rate cut  urn:newsml:reuters.com:*:nL4N3L00TN 

 ** America's Car-Mart  CRMT.O : down 13.5%
 BUZZ - Skids on pricing stock offering  urn:newsml:reuters.com:*:nL1N3L10II 
    
 ** Target  TGT.N : up 1.8%
 BUZZ - Names new CFO; shares rise  urn:newsml:reuters.com:*:nL4N3L10XX 
    
 ** Rio Tinto  RIO.N : up 3.6%
 BUZZ - MS sees seasonal restock to bring metals & mining back into focus
 urn:newsml:reuters.com:*:nL8N3L10IB 
    
 ** Hawaiian Electric Industries  HE.N : down 8.6%
 BUZZ - Drops on $250 mln stock offering plans  urn:newsml:reuters.com:*:nL1N3L10E9 
    
 ** Mobileye Global  MBLY.O : up 17.9%
 BUZZ - Rises after Intel says no plans to divest majority stake  urn:newsml:reuters.com:*:nL4N3L118E 
    
 ** KeyCorp  KEY.N : up 3.5%
 ** Regions Financial  RF.N : up 2.1%
 ** Fifth Third Bancorp  FITB.O : up 2.0%
 ** Banc of California  BANC.N : up 3.3%
 BUZZ - US regional banks rise as jumbo rate cut soothes deposit cost concerns
 urn:newsml:reuters.com:*:nL4N3L10WF 
    
 ** Vanda Pharmaceuticals  VNDA.O : down 5.8%
 BUZZ - Drops after US FDA declines drug approval  urn:newsml:reuters.com:*:nL4N3L1114 

 ** Hess Midstream  HESM.N : down 2.8%
 BUZZ - Falls after upsized secondary offering priced  urn:newsml:reuters.com:*:nL1N3L10FU 
    
 ** Plug Power  PLUG.O : up 3.8%
 BUZZ - Rises on contract with BP-Iberdrola JV  urn:newsml:reuters.com:*:nL4N3L1117 
    
 ** D R Horton  DHI.N : up 1.1%
 ** Lennar  LEN.N : up 1.4%
 ** Pultegroup  PHM.N : up 1.7%
 ** Toll Brothers  TOL.N : up 1.8%
 BUZZ - US homebuilders rise after Fed rate cut  urn:newsml:reuters.com:*:nL4N3L11C1 

 ** Darden Restaurants  DRI.N : up 7.2%
 BUZZ - Jumps on Uber food-delivery partnership  urn:newsml:reuters.com:*:nL4N3L1198 
    
 ** DoorDash  DASH.O : up 4.1%
 BUZZ - BTIG upgrades to 'buy'  urn:newsml:reuters.com:*:nL4N3L1156 
    
 ** Spotify Technology  SPOT.N : up 6.5%
 BUZZ - Rises after Pivotal Research raises PT  urn:newsml:reuters.com:*:nL4N3L1163 
 
 ** Harley-Davidson Inc  HOG.N : up 2.7%
 BUZZ - Citi raises PT on Harley-Davidson citing 'renewed Fed-driven optimism'
 urn:newsml:reuters.com:*:nL4N3L110Z 
      
 ** Coursera  COUR.N : up 8.8%
 BUZZ - Jumps after BofA starts with 'buy' rating  urn:newsml:reuters.com:*:nL4N3L11AD 
    
 ** Trump Media & Technology Group  DJT.O : down 3.9%
 BUZZ - Hits new low as lock-up expiry looms  urn:newsml:reuters.com:*:nL4N3L11AH 
    
 ** Tandem Diabetes Care  TNDM.O : up 3.2%
 BUZZ - Rises as EU clears its insulin pump for use with Lilly's fast-acting
insulin  urn:newsml:reuters.com:*:nL4N3L11BG 

  ** FactSet Research Systems  FDS.N : up 4.5%
 BUZZ - Hits 6-month high after strong Q4 results  urn:newsml:reuters.com:*:nL4N3L114S 
    
  ** Elanco Animal Health  ELAN.N : down 5.3%
 BUZZ - Morgan Stanley downgrades to 'equal-weight'  urn:newsml:reuters.com:*:nL4N3L11C9 
    
  ** Edgewise Therapeutics  EWTX.O : up 54.4%
 BUZZ - Jumps on early data for heart disease drug  urn:newsml:reuters.com:*:nL4N3L11DE
    
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   up 2.27%
 Consumer Discretionary   .SPLRCD   up 1.91%
 Consumer Staples         .SPLRCS   down 0.73%
 Energy                   .SPNY     up 1.87%
 Financial                .SPSY     up 0.81%
 Health                   .SPXHC    up 0.16%
 Industrial               .SPLRCI   up 1.28%
 Information Technology   .SPLRCT   up 3.32%
 Materials                .SPLRCM   up 1.43%
 Real Estate              .SPLRCR   down 0.23%
 Utilities                .SPLRCU   down 1.22%
 
 (Compiled by Rajarshi Roy and Neil J Kanatt)
 ((Neil.JKanatt@thomsonreuters.com))