U.S. STOCKS ON THE MOVE-Franchise Group, Connect Biopharma, OSI Systems
20/03/2023 16:23
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The S&P 500 and the Dow Jones gained on Monday as a state-backed rescue of
embattled lender Credit Suisse helped calm some jitters around a bigger banking
crisis, while investors weighed odds of the Federal Reserve pausing its rate
hikes this week. .N
At 11:33 a.m. ET, the Dow Jones Industrial Average .DJI was up 1.11% at
32,215.88. The S&P 500 .SPX was up 0.86% at 3,950.28 and the Nasdaq Composite
.IXIC was up 0.39% at 11,676.26.
The top three S&P 500 .PG.INX percentage gainers:
** Lincoln National Corp LNC.N , up 7.4%
** Fleetcor Technologies Inc FLT.N , up 7.3%
** Fifth Third Bancorp FITB.O , up 7.1%
The top three S&P 500 .PL.INX percentage losers:
** First Republic Bank FRC.N , down 16.3%
** Advanced Micro Devices Inc AMD.O , down 2.9%
** Intel Corp INTC.O , down 2.8%
The top three NYSE .PG.N percentage gainers:
** Ambipar Emergency Response AMBI.N , up 35.9%
** New York Community Bancorp NYCB.N , up 35.4%
** Western Alliance Bancorp WAL_pa.N , up 14.8%
The top two NYSE .PL.N percentage losers:
** Jatt Acquisition Corp JATT.N , down 20.9%
** First Republic Bank FRC.N , down 16.3%
The top three Nasdaq .PG.O percentage gainers:
** Lifecore Biomedical Inc LFCR.O , up 58.8%
** PacWest Bancorp PACWP.O , up 29.2%
** Bellerophon Therapeutics Inc BLPH.O , up 20.2%
The top three Nasdaq .PL.O percentage losers:
** CXApp Inc CXAI.O , down 23.5%
** Acrivon Therapeutics Inc ACRV.O , down 19.1%
** CareMax Inc CMAX.O , down 18.3%
** Credit Suisse Group AG CS.N : down 53.2%
BUZZ - U.S.-listed shares tumble to near UBS deal value urn:newsml:reuters.com:*:nL4N35S201
** New York Community Bancorp Inc NYCB.N : up 35.4%
BUZZ - Surges on unit's deal to buy Signature Bank assets urn:newsml:reuters.com:*:nL4N35S3K0
** JPMorgan Chase & Co JPM.N : up 1.8%
** Citigroup Inc C.N : up 1.6%
** Bank of America Corp BAC.N : up 1.5%
** Goldman Sachs Group Inc GS.N : up 2.4%
BUZZ - Wall Street lenders rise as bank worries ease after UBS-Credit Suisse
deal urn:newsml:reuters.com:*:nL4N35S3DE
** Coinbase Global Inc COIN.O : up 0.4%
** Bitfarms Ltd BITF.O : up 7.2%
** Riot Blockchain Inc RIOT.O : up 4.2%
BUZZ - Crypto stocks gain as bitcoin reaches 9-month peak urn:newsml:reuters.com:*:nL4N35S2A5
** Newmont Corp NEM.N : down 0.4%
** Barrick Gold Corp GOLD.N : up 0.2%
** AngloGold Ashanti Ltd AU.N : up 1.9%
** Gold Fields Ltd GFI.N : up 1.3%
BUZZ - Gold miners gain tracking bullion as banking woes persist urn:newsml:reuters.com:*:nL4N35S2BM
** Hexo Corp HEXO.O : down 4.3%
BUZZ - ATB sees going-concern risk urn:newsml:reuters.com:*:nL4N35S2FB
** Enphase Energy Inc ENPH.O : up 5.4%
BUZZ - Gains as Raymond James lifts co to 'outperform' on European expansion
urn:newsml:reuters.com:*:nL4N35S3EM
** PDD Holdings Inc PDD.O : down 11.7%
BUZZ - Down 12% after missing Q4 revenue estimates urn:newsml:reuters.com:*:nL4N35S2JG
** PepsiCo Inc PEP.O : up 0.8%
BUZZ - Bernstein upgrades PepsiCo to 'market-perform' on strong organic growth
urn:newsml:reuters.com:*:nL4N35S2JK
** Icecure Medical Ltd ICCM.O : up 4.8%
BUZZ - H.C.Wainwright starts Icecure with 'buy;' shares rise urn:newsml:reuters.com:*:nL4N35S2M4
** WestRock Co WRK.N : up 5.4%
BUZZ - Gains as Citigroup upgrades to 'buy' urn:newsml:reuters.com:*:nL4N35S2QJ
** PacWest Bancorp PACW.O : up 18.0%
BUZZ - Deposit movement stable amid banking crisis; shares rise urn:newsml:reuters.com:*:nL4N35S2QO
** Exxon Mobil Corp XOM.N : up 1.5%
BUZZ - Gerdes upgrades Exxon Mobil to "buy" on undervalued stock price
urn:newsml:reuters.com:*:nL4N35S2X6
** Arrowhead Pharmaceuticals Inc ARWR.O : up 4.4%
BUZZ - Gets FDA's 'fast track' tag for metabolic disorder drug; shares rise
urn:newsml:reuters.com:*:nL4N35S2Z0
** Bed Bath & Beyond Inc BBBY.O : down 17.4%
BUZZ - Tumbles below $1 after reverse stock split plan urn:newsml:reuters.com:*:nL1N35S121
** Alphabet Inc GOOGL.O : down 0.2%
** Microsoft Corp MSFT.O : down 2.4%
BUZZ - Big Tech, growth shares slip after bumper week urn:newsml:reuters.com:*:nL4N35S309
** Sangamo Therapeutics Inc SGMO.O : down 4.0%
BUZZ - Slips as Novartis, Biogen cease collaborations urn:newsml:reuters.com:*:nL1N35S0UD
** Nurix Therapeutics Inc NRIX.O : up 5.4%
BUZZ - Gains as Gilead to license protein degradation drug candidate
urn:newsml:reuters.com:*:nL4N35S340
** Aziyo Biologics Inc AZYO.O : down 57.8%
BUZZ - Hits record low as FDA declines to clear antibacterial
device urn:newsml:reuters.com:*:nL4N35S3GW
** INVO Bioscience Inc INVO.O : up 13.1%
BUZZ - Rises on acquiring fertility clinic urn:newsml:reuters.com:*:nL4N35S394
** Virgin Orbit Holdings Inc VORB.O : down 19.4%
BUZZ - Slides on report of insolvency plans urn:newsml:reuters.com:*:nL4N35S39Q
** Unum Group UNM.N : up 6.7%
BUZZ - Rises after Jefferies upgrades to 'buy' urn:newsml:reuters.com:*:nL4N35S31R
** Fleetcor Technologies Inc FLT.N : up 7.3%
BUZZ - Rises on review plan after agreement with hedge fund urn:newsml:reuters.com:*:nL4N35S3BT
** Esperion Therapeutics Inc ESPR.O : up 2.6%
BUZZ - Reverses course after equity raise urn:newsml:reuters.com:*:nL4N35S3LZ
** Franchise Group Inc FRG.O : up 13.0%
BUZZ - Gains on receiving unsolicited buyout proposal urn:newsml:reuters.com:*:nL4N35S39J
** Talos Energy Inc TALO.N : up 12.2%
BUZZ - Rises after $100 mln stock repurchase announcement urn:newsml:reuters.com:*:nL4N35S3D4
** Exelixis Inc EXEL.O : up 4.3%
BUZZ - Gains on share buyback worth $550 mln urn:newsml:reuters.com:*:nL4N35S3DU
** Connect Biopharma Holdings Ltd CNTB.O : up 23.6%
BUZZ - Surges as initial data on skin disease drug promising urn:newsml:reuters.com:*:nL4N35S3C8
** JinkoSolar Holding Co Ltd JKS.N : up 6.4%
BUZZ - Up after launching liquid cooling system for batteries urn:newsml:reuters.com:*:nL4N35S3F4
** BHP Group Ltd BHP.N : up 1.9%
** Rio Tinto PLC RIO.N : up 2.7%
** Southern Copper Corp SCCO.N : up 4.1%
** Ero Copper Corp ERO.N : up 4.4%
BUZZ - Copper, aluminum miners gain as dollar retreats urn:newsml:reuters.com:*:nL4N35S3EG
** OSI Systems Inc OSIS.O : up 10.9%
BUZZ - Rises on $600 mln order from Mexico urn:newsml:reuters.com:*:nL4N35S3J6
** Cyxtera Technologies Inc CYXT.O : down 6.1%
BUZZ - Sees refinancing risk for Cyxtera Technologies, downgrades stock
urn:newsml:reuters.com:*:nL4N35S3KE
** TreeHouse Foods Inc THS.N : up 7.2%
BUZZ - Rallies as UBS starts at "buy" urn:newsml:reuters.com:*:nL1N35S1MN
** Amazon.com Inc AMZN.O : down 1.5%
BUZZ - Pares losses after announcing 9,000 job cuts urn:newsml:reuters.com:*:nL4N35S3JU
** DX Enterprises LLC DXPE.O : up 4.5%
BUZZ - Gains on upbeat annual outlook urn:newsml:reuters.com:*:nL4N35S3IE
The 11 major S&P 500 sectors:
Communication Services .SPLRCL up 0.60%
Consumer Discretionary .SPLRCD up 0.63%
Consumer Staples .SPLRCS up 0.98%
Energy .SPNY up 1.99%
Financial .SPSY up 1.79%
Health .SPXHC up 1.01%
Industrial .SPLRCI up 1.40%
Information Technology .SPLRCT down 0.01%
Materials .SPLRCM up 1.83%
Real Estate .SPLRCR up 0.97%
Utilities .SPLRCU up 0.62%
(Compiled by Sriparna Roy and Rajarshi Roy)
((Rajarshi.Roy@thomsonreuters.com))