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Wall Street's main indexes dropped on Wednesday, with the Nasdaq down 2% as
Microsoft's outlook weighed down technology stocks, while a bleak quarterly
report from Boeing added to fears of a recession. .N
At 10:53 A.M. ET, the Dow Jones Industrial Average .DJI was down 1.28% at
33,301.58. The S&P 500 .SPX was down 1.54% at 3,955.11 and the Nasdaq
Composite .IXIC was down 2.10% at 11,095.945.
The top two S&P 500 .PG.INX percentage gainers:
** News Corp NWSA.O , up 8.2%
** At&T Inc T.N , up 5.8%
The top three S&P 500 .PL.INX percentage losers:
** Nasdaq Inc NDAQ.O , down 9.5%
** NextEra Energy Inc NEE.N , down 9%
** Enphase Enrgy Inc ENPH.O , down 7.9%
The top two NYSE .PG.N percentage gainers:
** Stride Inc LRN.N , up 25.5%
** GasLog Partners LP GLOP.N , up 14.8%
The top three NYSE .PL.N percentage losers:
** FREYR Battery SA FREY.N , down 13.9%
** Sunnova Energy International Inc NOVA.N , down 12.3%
** enCore Energy Corp EU.N , down 11.1%
The top two Nasdaq .PG.O percentage gainers:
** Sonoma Pharmaceuticals Inc SNOA.O , up 70.8%
** eHealth Inc EHTH.O , up 37.2%
The top two Nasdaq .PL.O percentage losers:
** Grom Social Enterprises Inc GROM.O , down 30.9%
** Extreme Networks Inc EXTR.O , down 21.2%
** Microsoft Corp MSFT.O : down 3.4%
BUZZ - Slips on disappointing Q3 cloud revenue outlook urn:newsml:reuters.com:*:nL4N34A6HP
** Boeing Co BA.N : down 4.0%
BUZZ - Moves lower after missing Q4 revenue estimates urn:newsml:reuters.com:*:nL4N34A72D
** eHealth Inc EHTH.O : up 37.2%
BUZZ - Rises after forecasting revenue above guidance urn:newsml:reuters.com:*:nL4N34A6KC
** News Corp NWSA.O : up 8.2%
BUZZ - Rises as Rupert Murdoch scraps merger plans with Fox Corp urn:newsml:reuters.com:*:nL4N34A6QT
** Intuitive Surgical Inc ISRG.O : down 7.2%
BUZZ - Drops on Q4 profit miss, delay over new robot urn:newsml:reuters.com:*:nL4N34A6S5
** Canada Goose Holdings Inc GOOS.N : down 0.4%
** VF Corp VFC.N : down 4.2%
BUZZ - Falls after brokerages cut stock rating, price target urn:newsml:reuters.com:*:nL4N34A7K3
** AT&T Inc T.N : up 5.8%
BUZZ - Gains as quarterly profit, subscriber additions beat estimates
urn:newsml:reuters.com:*:nL4N34A6OR
** Precigen Inc PGEN.O : down 27.6%
BUZZ - Tumbles on pricing $75 mln stock offering urn:newsml:reuters.com:*:nL1N34A0PM
** Sunpower Corp SPWR.O : down 5.5%
** Sunrun Inc RUN.O : down 13.6%
BUZZ - Barclays downgrades Sunpower, Sunrun on prospects of slowing demand
urn:newsml:reuters.com:*:nL4N34A6RN
** Canoo Inc GOEV.O : up 8.5%
BUZZ - Up on EV partnership with Saudi's GCC Olayan urn:newsml:reuters.com:*:nL4N34A70C
** Salesforce Inc CRM.N : down 2.0%
** Oracle Corp ORCL.N : down 1.4%
** ServiceNow Inc NOW.N : down 1.8%
BUZZ - Other cloud-based stocks fall on Microsoft's weak outlook urn:newsml:reuters.com:*:nL4N34A6OQ
** Nasdaq Inc NDAQ.O : down 9.5%
BUZZ - Drops on Q4 profit miss urn:newsml:reuters.com:*:nL4N34A744
** Kimberly-Clark Corp KMB.N : down 3.2%
BUZZ - Down 4% on bleak 2023 forecast urn:newsml:reuters.com:*:nL4N34A76I
** Texas Instruments Inc TXN.O : down 2.2%
BUZZ - Falls after weak forecast urn:newsml:reuters.com:*:nL4N34A752
** RPC Inc RES.N : up 7.9%
BUZZ - Gains on Q4 earnings beat urn:newsml:reuters.com:*:nL4N34A75J
** Cidara Therapeutics Inc CDTX.O : up 7.7%
BUZZ - Rises on FDA panel's favorable vote to co's antifungal drug urn:newsml:reuters.com:*:nL4N34A797
** NextEra Energy Inc NEE.N : down 9.0%
BUZZ - Falls after missing Q4 revenue estimates urn:newsml:reuters.com:*:nL4N34A7A7
** Gulfport Energy Corp GPOR.N : down 2.2%
BUZZ - J.P. Morgan cuts Gulfport PT on pricing headwinds, CEO change
urn:newsml:reuters.com:*:nL4N34A7AJ
** Elevance Health Inc ELV.N : up 1.3%
BUZZ - Rises after Q4 profit beat urn:newsml:reuters.com:*:nL4N34A7A6
** Vir Biotechnology Inc VIR.O : down 2.1%
BUZZ - Falls; CEO George Scangos to step down urn:newsml:reuters.com:*:nL4N34A7D8
** Goodyear Tire & Rubber Co GT.O : down 1.8%
BUZZ - Skids on report of U.S. DOJ probe urn:newsml:reuters.com:*:nL4N34A7E2
** Block Inc SQ.N : down 5.6%
BUZZ - Falls after brokerage downgrades rating to 'perform' urn:newsml:reuters.com:*:nL4N34A7CP
** Fennec Pharmaceuticals Inc FENC.O : up 8.2%
BUZZ - Rises as medical body recommends co's hearing loss therapy urn:newsml:reuters.com:*:nL4N34A7GH
** RealReal Inc REAL.O : down 6.4%
BUZZ - Falls; Co names former Canadian Tire executive as CEO urn:newsml:reuters.com:*:nL4N34A7HL
** Abbott Laboratories ABT.N : down 2.3%
BUZZ - Down as Q4 medical device sales miss estimates urn:newsml:reuters.com:*:nL4N34A747
** Intercontinental Exchange Inc ICE.N : down 1.7%
BUZZ - Dips, co says manual error caused trading glitch urn:newsml:reuters.com:*:nL4N34A74G
** Shopify Inc SHOP.N : up 5.4%
BUZZ - Gains on price plan update urn:newsml:reuters.com:*:nL4N34A7IO
** enCore Energy Corp EU.N : down 11.1%
BUZZ - Uranium producer slides on C$30 mln equity raise urn:newsml:reuters.com:*:nL1N34A18Z
** Inhibikase Therapeutics Inc IKT.O : up 8.7%
BUZZ - Jumps as FDA lifts hold on Parkinson's drug trial urn:newsml:reuters.com:*:nL4N34A7KU
The 11 major S&P 500 sectors:
Communication Services .SPLRCL down 1.53%
Consumer Discretionary .SPLRCD down 1.66%
Consumer Staples .SPLRCS down 1.00%
Energy .SPNY down 1.00%
Financial .SPSY down 0.74%
Health .SPXHC down 0.87%
Industrial .SPLRCI down 1.83%
Information Technology .SPLRCT down 2.40%
Materials .SPLRCM down 1.30%
Real Estate .SPLRCR down 0.65%
Utilities .SPLRCU down 2.27%
(Compiled by Rajarshi Roy and Mariam E Sunny)
((Mariam.ESunny@thomsonreuters.com))