U.S. STOCKS ON THE MOVE-Marvell, Pilgrim's Pride, ServiceNow
BUZZ-U.S. STOCKS ON THE MOVE-Marvell, Pilgrim's Pride, ServiceNow August 19 (Reuters) - The main U.S. stock indexes recovered on Wednesday after a technology-driven slump in the previous session as government bond yields retreated from multi-decade highs and investors assessed a slew of corporate updates. .N
At 11:30 EDT, the Dow Jones Industrial Average .DJI was up 0.38% at 53,547.34. The S&P 500 .SPX was up 0.51% at 7,730.32, and the Nasdaq Composite .IXIC was up 0.42% at 26,399.66.
The top three S&P 500 .PG.INX percentage gainers:
** Moderna Inc MRNA.OQ, up 125.3%
** Estee Lauder Companies Inc EL.N, up 16.7%
** Merck & Co Inc MRK.N, up 11.0%
The top three S&P 500 .PL.INX percentage losers:
** Dell Technologies Inc DELL.N, down 6.4%
** Seagate Technology Holdings PLC STX.OQ, down 6.1%
** CrowdStrike Holdings, Inc. CRWD.OQ, down 5.9%
The top three NYSE .PG.N percentage gainers:
** BitGo Holdings Inc BTGO.N, up 18.7%
** Estee Lauder Companies Inc EL.N, up 16.7%
** DRDGOLD Ltd DRD.N, up 14.6%
The top three NYSE .PL.N percentage losers:
** La-Z-Boy Inc LZB.N, down 16.8%
** Wolfspeed Inc WOLF.N, down 10.7%
** Solaris Energy Infrastructure, Inc. SEI.N, down 8.1%
The top three Nasdaq .PG.O percentage gainers:
** Tenon Medical Inc TNON.OQ, up 201.8%
** Zerostack Corp ZSTK.OQ, up 148.7%
** Rising Dragon Acquisition Corp RDAC.OQ, up 147.7%
The top three Nasdaq .PL.O percentage losers:
** Profusa Inc PFSA.OQ, down 50.0%
** Wetour Robotics Ltd WETO.OQ, down 47.0%
** IP Strategy Holdings Inc IPST.OQ, down 37.8%
** Cogent Communications Holdings Inc CCOI.O:
BUZZ - Shares fall after J.P. Morgan cuts rating, price target nL6N44G0B5
** Klarna Group PLC KLAR.N:
BUZZ - JPM cuts Klarna to 'neutral' on limited earnings visibility, execution concerns nL4N44G0KY
** Keysight Technologies Inc KEYS.N:
BUZZ - Gains as AI data center demand drives upbeat Q4 forecast nL6N44G0CA
** Target Corp TGT.N:
BUZZ - Rises on annual forecast hike
nL6N44G0VX
** Honeywell Aerospace Inc HONA.O:
BUZZ - Gains after Morgan Stanley ups rating to 'overweight' nL4N44G0QT
** Dollar Tree Inc DLTR.O:
BUZZ - Gets an upgrade at Jefferies on improving traffic nL6N44G0M1
** Lowe's Companies Inc LOW.N:
BUZZ - Jumps on quarterly profit beat despite lower sales forecast nL6N44G0WW
** Estee Lauder Companies Inc EL.N:
BUZZ - Rises on robust annual profit outlook nL6N44G0NG
** Moderna Inc MRNA.O:
BUZZ - Doubles after skin cancer vaccine combined with Merck's Keytruda wins late-stage trial nL4N44G155
** Analog Devices Inc ADI.O:
BUZZ - Rises after forecasting Q4 revenue above estimates nL4N44G0WJ
** Alliance Laundry Holdings Inc ALH.N:
BUZZ - Steadies after backer BDT Capital's upsized stake sale nL6N44G0MX
** WhiteFiber Inc WYFI.O:
BUZZ - Tumbles on $270 mln convertible bond sale nL6N44G0NQ
** Nebius Group NV NBIS.O:
BUZZ - Proposes $4.50 bln debt offering; shares fall nL6N44G0PI
** Pediatrix Medical Group Inc MD.N:
BUZZ - Slips; Jefferies downgrades rating nL4N44G10D
** TJX Companies Inc TJX.N:
BUZZ - Falls after forecasting Q3 profit below estimates nL6N44G0ZG
** CrowdStrike Holdings Inc CRWD.O:
BUZZ - Mizuho raises CrowdStrike's PT on subscription revenue growth expectations nL4N44G0XI
** Marvell Technology Inc MRVL.O:
BUZZ - Rises on custom chip deal granting Google $12.2 billion stock warrant nL4N44G11E
** Moderna Inc MRNA.O:
** Merck & Co Inc MRK.N:
** BioNTech SE < BNTX.O>:
** Novavax Inc NVAX.O:
BUZZ - Biotech stocks hit record high after Moderna, Merck's melanoma vaccine trial win nL6N44G0S8
** Barrick Mining Corp B.N:
** Newmont Corp NEM.N:
** Gold Fields Ltd GFI.N:
** Harmony Gold Mining Company Ltd HMY.N:
BUZZ - Gold miners gain as dollar weakens, bond yields ease nL4N44G156
** Pilgrim's Pride Corp PPC.O:
BUZZ - Soars on new JBS take-private offer nL6N44G0XQ
** Strategy Inc MSTR.O:
** Bullish BLSH.N:
** Circle Internet Group Inc CRCL.N:
** Coinbase Global Inc COIN.O:
BUZZ - Crypto-linked stocks rally as Trump to host industry leaders nL4N44G19H
** ServiceNow Inc NOW.N:
BUZZ - Rises after BofA lifts PT nL4N44G19B
Index RIC | Index name | Percent change % |
.SPX | S&P 500 | 0.5 |
.SPLRCT | S&P 500 Information Technology | -0.31 |
.SPLRCU | S&P 500 Utilities | -0.09 |
.SPLRCD | S&P 500 Consumer Discretionary | 1.91 |
.SPLRCM | S&P 500 Materials | 2.39 |
.SPLRCI | S&P 500 Industrials | -0.34 |
.SPLRCL | S&P 500 Communication Services (Sector) | 0.82 |
.SPSY | S&P 500 Financials | 0.08 |
.SPLRCR | S&P 500 Real Estate | 0.23 |
.SPXHC | S&P 500 Health Care | 3.02 |
.SPLRCS | S&P 500 Consumer Staples | 1.01 |
.SPNY | S&P 500 Energy | 0.49 |
(Compiled by Rajarshi Roy and Pranav Mathur in Bengaluru)
((Rajarshi.Roy@thomsonreuters.com))
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