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Wall Street's main indexes dropped on Wednesday, as AI giant Nvidia lost ground
ahead of quarterly results, retailer Target's shares plunged following weak
forecasts and heightened Russia-Ukraine tensions impacted investor sentiment.
.N
At 13:30 EST, the Dow Jones Industrial Average .DJI was down 0.11% at
43,220.18. The S&P 500 .SPX was down 0.48% at 5,888.39 and the Nasdaq
Composite .IXIC was down 0.69% at 18,856.66.
The top three S&P 500 <.PG.INX percentage gainers:
** Keysight Technologies Inc KEYS.N , up 5.6%
** CoStar Group Inc CSGP.O , up 5.4%
** EQT Corp EQT.N , up 5.0%
The top three S&P 500 .PL.INX percentage losers:
** Target Corp TGT.N , down 21.2%
** Super Micro Computer Inc SMCI.O , down 8.2%
** Qualcomm Inc QCOM.O , down 6.7%
The top three NYSE .PG.N percentage gainers:
** Williams-Sonoma Inc WSM.N , up 28.4%
** Mesa Royalty Trust MTR.N , up 19.1%
** Lemonade Inc LMND.N , up 18.8%
The top three NYSE .PL.N percentage losers:
** Lion Electric Co LEV.N , down 23.0%
** Target Corp TGT.N , down 21.2%
** Finance of America Companies Inc FOA.N , down 16.8%
The top three Nasdaq .PG.O percentage gainers:
** Forte Biosciences Inc FBRX.O , up 136.2%
** Quantum-Si Inc QSI.O , up 125.1%
** Exicure Inc XCUR.O , up 73.4%
The top three Nasdaq .PL.O percentage losers:
** QMMM Holdings Ltd QMMM.O , down 38.4%
** X3 Holdings Co Ltd XTKG.O , down 35.3%
** Adagio Medical Holdings Inc ADGM.O , down 28.3%
** NIO Inc NIO.N :
BUZZ - US-listed shares fall after Q3 revenue declines urn:newsml:reuters.com:*:nL4N3MR0MI
** Xpeng Inc XPEV.N :
BUZZ - President expects to break even later in 2025, US-listed shares rise
urn:newsml:reuters.com:*:nL4N3MR0MP
** Powell Industries Inc POWL.O :
BUZZ - Falls after Q4 revenue misses estimates urn:newsml:reuters.com:*:nL4N3MR0NW
** Viking Therapeutics Inc VKTX.O :
BUZZ - Gains on detailed mid-stage data for liver disease drug urn:newsml:reuters.com:*:nL4N3MR0NO
** Newmont Corp NEM.N :
** Barrick Gold Corp GOLD.N :
** Gold Fields Ltd GFI.N :
** Harmony Gold Mining Co Ltd HMY.N :
BUZZ - Gold miners fall as US dollar strengthens urn:newsml:reuters.com:*:nL4N3MR0PK
** Coinbase Global Inc COIN.O :
** Riot Platforms Inc RIOT.O :
** Marathon Digital Holdings Inc MARA.O :
** Bit Digital Inc BTBT.O :
BUZZ - Crypto stocks rise after bitcoin's strong performance urn:newsml:reuters.com:*:nL4N3MR10A
** BGC Group Inc BGC.O :
BUZZ - John Abularrage likely to succeed Lutnick as BGC CEO, Piper Sandler says
urn:newsml:reuters.com:*:nL4N3MR0PR
** Target Corp TGT.N :
BUZZ - Sinks after downbeat holiday season forecasts, drags peers lower
urn:newsml:reuters.com:*:nL4N3MR15W
** Merchants Bancorp MBIN.O :
BUZZ - Building capital with $230 mln preferred stock offering, Raymond James
says urn:newsml:reuters.com:*:nL4N3MR0O5
** Comcast Corp CMCSA.O :
BUZZ - Rises on plan to spin off some cable TV networks urn:newsml:reuters.com:*:nL4N3MR0XN
** SM Energy Co SM.N :
BUZZ - Wells Fargo raises PT on SM Energy urn:newsml:reuters.com:*:nL4N3MR0U0
** Wix.com Ltd WIX.O :
BUZZ - Jumps after FY revenue, bookings forecast raise urn:newsml:reuters.com:*:nL4N3MR153
** GoodRx Holdings Inc GDRX.O :
BUZZ - One of the most undervalued stocks, Leerink says urn:newsml:reuters.com:*:nL4N3MR0S7
** Monopar Therapeutics Inc MNPR.O :
BUZZ - JonesTrading raises PT on Monopar Therapeutics after AstraZeneca
agreement urn:newsml:reuters.com:*:nL4N3MR0UJ
** QuidelOrtho Corp QDEL.O :
BUZZ - Drops as Carlyle exits urn:newsml:reuters.com:*:nL6N3MR0GA
** Cummins Inc CMI.N :
BUZZ - Citigroup lifts Cummins PT on positive earnings growth view urn:newsml:reuters.com:*:nL4N3MR0WT
** Flex Ltd FLEX.O :
BUZZ - Jumps ahead of S&P MidCap 400 inclusion urn:newsml:reuters.com:*:nL6N3MR0GV
** Corteva Inc CTVA.N :
BUZZ - Brokerages raise PTs on Corteva following attractive 2027 goals, $3 bln
buyback urn:newsml:reuters.com:*:nL4N3MR0YQ
** Sage Therapeutics Inc SAGE.O :
BUZZ - Declines after stopping development of rare disease drug urn:newsml:reuters.com:*:nL4N3MR0WR
** Safe Pro Group Inc SPAI.O :
BUZZ - Rises on receiving first patent for drone imagery technology urn:newsml:reuters.com:*:nL4N3MR106
** Robinhood Markets Inc HOOD.O :
BUZZ - Up after Bernstein raises PT on crypto deregulation hopes urn:newsml:reuters.com:*:nL4N3MR0ZN
** Delta Air Lines Inc DAL.N :
BUZZ - Rises after forecasting mid single-digit revenue growth in 2025
urn:newsml:reuters.com:*:nL4N3MR0SH
** Kingsoft Cloud Holdings Ltd KC.O :
BUZZ - Gains on smaller-than-expected Q3 loss urn:newsml:reuters.com:*:nL8N3MR11B
** Silvercorp Metals Inc SVM.N :
BUZZ - Tumbles after unveiling convertible debt deal urn:newsml:reuters.com:*:nL6N3MR0HA
** Tapestry Inc TPR.N :
** Capri Holdings Ltd CPRI.N :
BUZZ - Barclays reinstates coverage of Tapestry and Capri urn:newsml:reuters.com:*:nL4N3MR0ZD
** Williams-Sonoma Inc WSM.N :
BUZZ - Jumps on raising sales forecast, $1 bln buyback plan urn:newsml:reuters.com:*:nL4N3MR15Y
** Inspire Medical Systems Inc INSP.N :
BUZZ - Rises after BofA upgrades to 'buy' from 'neutral' urn:newsml:reuters.com:*:nL4N3MR10Y
** Oklo Inc OKLO.N :
BUZZ - Falls after Kerrisdale Capital takes short position urn:newsml:reuters.com:*:nL4N3MR131
** Ford Motor Co F.N :
BUZZ - To cut 14% of European jobs on challenges in EV shift; shares slip
urn:newsml:reuters.com:*:nL4N3MR15K
** Lemonade Inc LMND.N :
BUZZ - Jumps after Morgan Stanley upgrades to 'equal-weight' urn:newsml:reuters.com:*:nL4N3MR0UK
** DT Midstream Inc DTM.N :
BUZZ - Dips after $366 mln stock offering to fund acquisition of pipelines
urn:newsml:reuters.com:*:nL4N3MR138
** Omnicell Inc OMCL.O :
BUZZ - Down after $150 mln convertible offering priced urn:newsml:reuters.com:*:nL6N3MR0IZ
** TJX Companies Inc TJX.N :
BUZZ - Maintains annual sales forecast; shares drop urn:newsml:reuters.com:*:nL4N3MR0Z0
** Snowflake Inc SNOW.N :
BUZZ - Turns slightly negative ahead of Q3 results urn:newsml:reuters.com:*:nL4N3MR18O
** Palo Alto Networks Inc PANW.O :
BUZZ - Edges lower ahead of Q1 results urn:newsml:reuters.com:*:nL4N3MR0XU
** Chewy Inc CHWY.N :
BUZZ - Rises after BoFA upgrades to 'buy' urn:newsml:reuters.com:*:nL4N3MR191
** Apollo Global Management Inc APO.N :
BUZZ - Slips after report CEO Rowan emerges as top contender for Treasury role
urn:newsml:reuters.com:*:nL4N3MR19M
** UnitedHealth Group Inc UNH.N :
** Humana Inc HUM.N :
** CVS Health Corp CVS.N :
** Molina Healthcare Inc MOH.N :
BUZZ - Health insurers rise after Trump selects Dr. Mehmet Oz to run Medicare
and Medicaid urn:newsml:reuters.com:*:nL4N3MR19Q
** Energizer Holdings Inc ENR.N :
BUZZ - J.P. Morgan upgrades Energizer Holdings to 'neutral' urn:newsml:reuters.com:*:nL4N3MR19P
** Netflix Inc NFLX.O :
BUZZ - Extends post Paul-Tyson fight climb; Pivotal Research sets Street-high PT
urn:newsml:reuters.com:*:nL6N3MR0KG
** e.l.f. Beauty Inc ELF.N :
BUZZ - Falls after Muddy Waters says it is short on company urn:newsml:reuters.com:*:nL4N3MR1BN
** JPMorgan Chase & Co JPM.N :
BUZZ - Dips after Oppenheimer downgrades stock to 'perform' urn:newsml:reuters.com:*:nL4N3MR1AW
** Aon PLC AON.N :
** Arthur J. Gallagher & Co AJG.N :
** Brown & Brown Inc BRO.N :
** Marsh & McLennan Companies Inc MMC.N :
BUZZ - Barclays sees tailwinds for insurance brokers, raises PTs urn:newsml:reuters.com:*:nL4N3MR1BU
** Global-e Online Ltd GLBE.O :
BUZZ - Rises on upbeat 2024 revenue forecast urn:newsml:reuters.com:*:nL4N3MR1CG
** Finance of America Companies Inc FOA.N :
BUZZ - Slides after UBS downgrades stock urn:newsml:reuters.com:*:nL4N3MR1CV
** Jack In the Box Inc JACK.O :
BUZZ - Off 4%; Wall St sees Q4 rev drop, slight EPS rise urn:newsml:reuters.com:*:nL1N3MR0SG
** Lantheus Holdings Inc LNTH.O :
BUZZ - Rises after it announces $250 mln share repurchase program urn:newsml:reuters.com:*:nL4N3MR1DQ
The 12 major S&P 500 sectors:
Index RIC Index name Percent change %
.SPX S&P 500 -0.48
.SPLRCT S&P 500 -0.95
Information
Technology
.SPLRCU S&P 500 -0.15
Utilities
.SPLRCD S&P 500 -1.07
Consumer
Discretionar
y
.SPLRCM S&P 500 0.2
Materials
.SPLRCI S&P 500 -0.26
Industrials
.SPLRCL S&P 500 -0.52
Communicatio
n Services
(Sector)
.SPSY S&P 500 -0.51
Financials
.SPLRCR S&P 500 Real -0.35
Estate
.SPXHC S&P 500 0.88
Health Care
.SPLRCS S&P 500 -0.44
Consumer
Staples
.SPNY S&P 500 0.38
Energy
(Compiled by Rajarshi Roy and Aamir Sohail in Bengaluru)
((Aamir.sohail@thomsonreuters.com))