U.S. STOCKS ON THE MOVE-Copper miners, Visa, Lifeway Foods
24/09/2024 19:20
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Wall Street's main indexes inched higher on Tuesday, with mining stocks in the
lead, after China unveiled a sweeping stimulus package, while concerns of a
weaker economy and uncertainty over the U.S. Federal Reserve's next policy move
limited gains. .N
At 13:35 ET, the S&P 500 .SPX was up 0.24% at 5,732.27 and the Nasdaq
Composite .IXIC was up 0.56% at 18,074.70.
The top three S&P 500 .PG.INX percentage gainers:
** Freeport-McMoRan Inc FCX.N , up 7.6%
** Las Vegas Sands Corp LVS.N , up 6%
** Estee Lauder Companies EL.N , up 5.7%
The top three S&P 500 .PL.INX percentage losers:
** Global Payments Inc GPN.N , down 6.6%
** Regeneron Pharmaceuticals, Inc REGN.O , down 6%
** McKesson Corporation MCK.N , down 4.4%
The top NYSE .PG.N percentage gainer:
** Xinyuan Real Estate Co., Ltd XIN.N , up 28.7%
The top two NYSE .PL.N percentage losers:
** MultiPlan Corporation MPLN.N , down 19.6%
** Hawaiian Electric Industries, Inc HE.N , down 10.2%
The top three Nasdaq .PG.O percentage gainers:
** Banzai International, Inc BNZI.O , up 81.3%
** Wave Life Sciences Ltd WVE.O , up 52.1%
** Generations Bancorp NY, Inc GBNY.O , up 43.3%
The top three Nasdaq .PL.O percentage losers:
** ReShape Lifesciences Inc RSLS.O , down 24%
** Burning Rock Biotech Ltd BNR.O , down 23.2%
** Veea, Inc VEEA.O , down 20.9%
** Alibaba Group Holding BABA.N : up 7%
** JD.com Inc JD.O : up 11.6%
** PDD Holdings Inc PDD.O : up 10.4%
** Bilibili Inc BILI.O : up 14.6%
BUZZ - China ADRs jump on fresh China stimulus measures urn:newsml:reuters.com:*:nL4N3L60TL
** Visa Inc V.N : down 4.4%
BUZZ - Falls on report DOJ to file lawsuit over illegal debit card monopoly
urn:newsml:reuters.com:*:nL4N3L60US
** Occidental Petroleum Corp OXY.N : up 0.5%
BUZZ - Energy firms rise on China stimulus, Middle East conflict and hurricane
risk urn:newsml:reuters.com:*:nL4N3L60XB
** Rio Tinto PLC RIO.N : up 4.6%
** BHP Group Ltd BHP.N : up 4.9%
** Southern Copper Corp SCCO.N : up 7.3%
** Freeport-McMoRan Inc FCX.N : up 7.6%
BUZZ - Copper miners rise as red metal hits near 10-week high on China stimulus
measures urn:newsml:reuters.com:*:nL4N3L61B8
** Regeneron Pharmaceuticals Inc REGN.O : down 6%
BUZZ - Falls after Leerink Partners downgrades to 'market perform', cuts PT
urn:newsml:reuters.com:*:nL4N3L61FK
** Newmont Corp NEM.N : up 2.1%
** Barrick Gold Corp GOLD.N : up 1.3%
** Gold Fields Ltd GFI.N : up 0.1%
** Harmony Gold Mining Co Ltd HMY.N : up 2.2%
BUZZ - Gold miners rise on US Fed rate cut momentum and Middle East risks
urn:newsml:reuters.com:*:nL4N3L60Z4
** Salesforce Inc CRM.N : up 1.7%
BUZZ - Rises after Piper Sandler upgrades to 'overweight' urn:newsml:reuters.com:*:nL4N3L019V
** Hawaiian Electric Industries Inc HE.N : down 10.2%
BUZZ - Slides on $500 mln stock offering for Maui wildfire settlement
urn:newsml:reuters.com:*:nL1N3L60CY
** Walmart Inc WMT.N : up 0.3%
BUZZ - Up as Truist Securities upgrades to 'buy', raises PT urn:newsml:reuters.com:*:nL4N3L610V
** Bluebird bio Inc BLUE.O : up 3.2%
BUZZ - Rises after cutting 25% workforce to reduce costs urn:newsml:reuters.com:*:nL4N3L619H
** Home Depot Inc HD.N : up 1.5%
** Lowe's Companies Inc LOW.N : up 1.0%
BUZZ - Oppenheimer sees clearer skies for Home Depot and Lowe's after interest
rate cut urn:newsml:reuters.com:*:nL4N3L60Y3
** Starbucks Corp SBUX.O : down 0.6%
BUZZ - Dips as Jefferies turns bearish urn:newsml:reuters.com:*:nL1N3L60ED
** Snap Inc SNAP.N : up 4.0%
BUZZ - Rises after adding Google's GenAI model into chatbot urn:newsml:reuters.com:*:nL4N3L61M6
** Piedmont Lithium Inc PLL.O : up 12.2%
** Arcadium Lithium PLC ALTM.N : up 4.6%
** Albemarle Corp ALB.N : up 3.4%
** Sociedad Quimica y Minera de Chile S.A. SQM.N : up 4.6%
BUZZ - Lithium miners rise on China stimulus measures urn:newsml:reuters.com:*:nL4N3L612F
** Wynn Resorts Ltd WYNN.O : up 4.4%
** Las Vegas Sands Corp LVS.N : up 6.0%
** Melco Resorts & Entertainment Ltd MLCO.O : up 6.6%
** MGM Resorts International MGM.N : up 1.3%
BUZZ - Casino operators rise on China's stimulus plans urn:newsml:reuters.com:*:nL4N3L6122
** Generations Bancorp NY Inc GBNY.O : up 43.3%
BUZZ - Soars on buyout deal with ESL Federal Credit Union urn:newsml:reuters.com:*:nL4N3L50YG
** Seelos Therapeutics Inc SEEL.O : up 84.2%
BUZZ - Surges on deal with U.S. Army to develop PTSD drug urn:newsml:reuters.com:*:nL4N3L61G6
** AutoZone Inc AZO.N : down 1.7%
BUZZ - Falls after Q4 results miss estimates urn:newsml:reuters.com:*:nL4N3L6157
** Liberty Broadband Corp LBRDA.O : up 27.7%
BUZZ - Rises on counter-offer to merge with Charter Communications urn:newsml:reuters.com:*:nL4N3L61B6
** CNH Industrial NV CNH.N : up 4.5%
BUZZ - Rises; Raymond James upgrades to 'outperform' urn:newsml:reuters.com:*:nL4N3L6164
** Wave Life Sciences Ltd WVE.O : up 52.1%
BUZZ - Surges on interim data from muscular disorder drug urn:newsml:reuters.com:*:nL4N3L61DW
** Light & Wonder Inc LNW.O : down 18.1%
BUZZ - Falls after legal blow urn:newsml:reuters.com:*:nL4N3L614Y
** Coinbase Global Inc COIN.O : up 0.3%
** Riot Platforms Inc RIOT.O : up 1.2%
** Hut 8 Mining Corp HUT.O : up 4.8%
** Marathon Digital Holdings Inc MARA.O : up 1.2%
BUZZ - Crypto stocks up as bitcoin gains urn:newsml:reuters.com:*:nL4N3L6174
** Hecla Mining Co HL.N : up 7.4%
** Coeur Mining Inc CDE.N : up 9.7%
** Silvercorp Metals Inc SVM.N : up 8.5%
BUZZ - Silver miners rise on US rate-cut momentum urn:newsml:reuters.com:*:nL4N3L61DD
** Ryan Specialty Holdings Inc RYAN.N : up 4.7%
BUZZ - Rises after BMO upgrades to 'outperform' urn:newsml:reuters.com:*:nL4N3L50XA
** Invitation Homes Inc INVH.N : down 1.9%
BUZZ - Falls after BofA lowers rating, cuts PT urn:newsml:reuters.com:*:nL4N3L61AD
** Customers Bancorp Inc CUBI.N : down 2.8%
BUZZ - Falls after Wedbush downgrades to 'neutral' urn:newsml:reuters.com:*:nL4N3L114R
** InvenTrust Properties Corp IVT.N : down 2.5%
BUZZ - Falls after $224 mln equity offering urn:newsml:reuters.com:*:nL1N3L60MD
** Triumph Group Inc TGI.N : down 4.5%
BUZZ - Dips after BofA cuts rating on production uncertainty urn:newsml:reuters.com:*:nL4N3L61CO
** Costco Wholesale Corp COST.O : down 1.5%
BUZZ - Dips after Truist Securities cuts to 'hold' urn:newsml:reuters.com:*:nL4N3L61D8
** Corbus Pharmaceuticals Holdings Inc CRBP.O : down 1.7%
BUZZ - Falls after Mizuho cuts PT on weakness in obesity, cancer drug
candidates urn:newsml:reuters.com:*:nL4N3L61DI
** Village Bank and Trust Financial Corp VBFC.O : up 39.8%
BUZZ - Hits 14-year high after $120 mln deal with TowneBank urn:newsml:reuters.com:*:nL4N3L61F2
** 3M Co MMM.N : up 0.9%
BUZZ - Jefferies sees improved demand for 3M in 2026 on further rate cuts
urn:newsml:reuters.com:*:nL4N3L61E4
** First Citizens BancShares Inc FCNCA.O : down 3.4%
BUZZ - Dips after Wedbush downgrades to 'neutral' urn:newsml:reuters.com:*:nL4N3L61FL
** Essex Property Trust Inc ESS.N : down 2.6%
BUZZ - Falls after BofA downgrades stock to "Neutral" urn:newsml:reuters.com:*:nL4N3L61HK
** Snowflake Inc SNOW.N : down 1.2%
BUZZ - Falls after announcing offerings of $2 bln convertible bonds
urn:newsml:reuters.com:*:nL1N3L60QA
** Lifeway Foods Inc LWAY.O : up 25.0%
BUZZ - Jumps on Danone's buyout offer for remaining share urn:newsml:reuters.com:*:nL4N3L61I9
** Dayforce Inc DAY.N : up 1.8%
BUZZ - Up after KeyBanc initiates coverage with 'overweight' urn:newsml:reuters.com:*:nL4N3L61IX
** Acadia Pharmaceuticals Inc ACAD.O : down 4.1%
BUZZ - Appoints Catherine Owen Adams CEO, shares fall urn:newsml:reuters.com:*:nL4N3L61IB
** Procore Technologies Inc PCOR.N : up 3.8%
BUZZ - Up after Baird initiates coverage with 'outperform' urn:newsml:reuters.com:*:nL4N3L61JQ
** Instacart Inc CART.O : down 1.6%
BUZZ - Dips after Morgan Stanley cuts PT on slower ad revenue growth estimate
urn:newsml:reuters.com:*:nL4N3L61JZ
** Equity Residential EQR.N : down 1.4%
BUZZ - BofA downgrades Equity Residential stock to 'neutral', shares fall
urn:newsml:reuters.com:*:nL4N3L61IY
** Global Payments Inc GPN.N : down 6.6%
BUZZ - Slides after downbeat FY25 outlook urn:newsml:reuters.com:*:nL4N3L61KJ
** Boeing Co BA.N : down 0.3%
BUZZ - Falls as striking union rejects voting on 'final' offer urn:newsml:reuters.com:*:nL4N3L61L6
** Sirius XM Holdings Inc SIRI.O : down 5.0%
BUZZ - Falls after Morgan Stanley starts coverage with "underweight" rating
urn:newsml:reuters.com:*:nL1N3L60TG
** Tradeweb Markets Inc TW.O : up 0.5%
BUZZ - Jefferies raises trading platform Tradeweb Markets' PT on strong growth
drivers urn:newsml:reuters.com:*:nL4N3L61K4
** Southwest Airlines Co LUV.N : up 0.5%
BUZZ - Up after Elliott calls for special shareholder meeting urn:newsml:reuters.com:*:nL4N3L61MG
The 11 major S&P 500 sectors:
Communication Services .SPLRCL up 0.35%
Consumer Discretionary .SPLRCD up 0.40%
Consumer Staples .SPLRCS down 0.37%
Energy .SPNY down 0.17%
Financial .SPSY down 0.99%
Health .SPXHC down 0.36%
Industrial .SPLRCI up 0.52%
Information Technology .SPLRCT up 0.97%
Materials .SPLRCM up 1.23%
Real Estate .SPLRCR up 0.19%
Utilities .SPLRCU down 0.46%