U.S. STOCKS ON THE MOVE-Alphabet, First Republic Bank, Microsoft

Stepan

25/04/2023 19:03

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U.S. stocks fell on Tuesday as a downbeat forecast from United Parcel Service
fueled concerns about a slowing U.S. economy, while a plunge in First Republic
Bank's deposits stoked worries about the banking sector.  .N 
    
    At 13:35 p.m. ET, the Dow Jones Industrial Average  .DJI  was down 0.87% at
33,579.8. The S&P 500  .SPX  was down 1.26% at 4,084.79 and the Nasdaq Composite
 .IXIC  was down 1.49% at 11,857.911.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Fiserv Inc  FISV.O , up 3.6%
 ** Brown & Brown  BRO.N , up 3.5%
 ** Centene Corp  CNC.N , up 2.8%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** First Republic Bank  FRC.N , down 39.7%
 ** MSCI Inc  MSCI.N , down 11.3%
 ** Northern Trust Corp  NTRS.O , down 9.8%
 
 The top three NYSE  .PG.N  percentage gainers:
 ** Multi Ways Holdings  MWG.N , up 20.5%
 ** The Aaron's Company Inc  AAN.N , up 20%
 ** Unifi Inc  UFI.N , up 16.5%
 
 The top three NYSE  .PL.N  percentage losers:
 ** First Republic Bank  FRC.N , down 39.7%
 ** MoneyLion Inc  ML.N , down 25%
 ** TrueBlue Inc  TBI.N , down 15.8%
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** CXApp Inc  CXAI.O , up 76.1%
 ** Petros Pharmaceuticals Inc  PTPI.O , up 51.8%
 ** LogicMark Inc  LGMK.O , up 26.6%
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Homestreet Inc  HMST.O , down 36.8%
 ** Nanobiotix SA  NBTX.O , down 36.7%
 ** IN8bio Inc  INAB.O , down 27.7%
 
 ** Packaging Corp of America  PKG.N : down 5.8%
 BUZZ-Falls as Q1 revenue misses  urn:newsml:reuters.com:*:nL4N36S3L8
    
 ** GE HealthCare Technologies  GEHC.O : down 9.2%
 BUZZ-Falls after co maintains 2023 profit forecast  urn:newsml:reuters.com:*:nL4N36S3ID
    
 ** Exxon Mobil Corp  XOM.N : down 1.8%
 ** Chevron Corp  CVX.N : down 1.6%
 ** ConocoPhillips  COP.N : down 2.4%
 ** Devon Energy Corp  DVN.N : down 2.5%
 ** Occidental Petroleum Corp  OXY.N : down 2.9%
 ** Marathon Oil Corp  MRO.N : down 4.0%
 ** EQT Corp  EQT.N : down 3.8%
 ** SLB NV  SLB.N : down 3.6%
 ** Halliburton Company  HAL.N : down 4.4%
 BUZZ-Energy sector falls as economic uncertainty hits crude prices  urn:newsml:reuters.com:*:nL4N36S3PX
    
 ** TransUnion  TRU.N : up 1.1%
 BUZZ-Up on strong annual forecast, Q1 results beat  urn:newsml:reuters.com:*:nL4N36S3Q4

 ** HomeStreet Inc  HMST.O : down 36.8%
 BUZZ-Hits record low; sees interest margins declining in FY23  urn:newsml:reuters.com:*:nL4N36S3PZ

 ** First Republic Bank  FRC.N : down 39.7%
 BUZZ-Shares hit record low as deposits tumble more than $100 bln  urn:newsml:reuters.com:*:nL4N36S3NK
    
 ** Kimberly-Clark Corp  KMB.N : up 1.5%
 Buzz-Rises on lifting 2023 profit forecast  urn:newsml:reuters.com:*:nL4N36S3P1
    
 ** Laboratory Corp of America Holdings  LH.N : down 4.1%
 Buzz-Falls on profit miss  urn:newsml:reuters.com:*:nL4N36S3SE
    
 ** PepsiCo Inc  PEP.O : up 2.1%
 Buzz-Hits record high on upbeat 2023 forecast  urn:newsml:reuters.com:*:nL4N36S3P5
     
 ** Northern Trust Corp  NTRS.O : down 9.8% 
 Buzz-Tumbles to 6-mth low after Q1 earnings miss  urn:newsml:reuters.com:*:nL1N36S1T7
    
 ** Brown & Brown  BRO.N : up 3.5%
     Buzz-Rises on Q1 results beat  urn:newsml:reuters.com:*:nL4N36S3V8
  
        
  
     ** Archer-Daniels-Midland Company  ADM.N : down 5.9%
     Buzz-Slips on downbeat earnings forecast for 2023  urn:newsml:reuters.com:*:nL4N36S3T1  
  
        
  
     ** Hexcel Corp  HXL.N : up 4.3%
     Buzz-Jumps on Q1 earnings beat  urn:newsml:reuters.com:*:nL4N36S3WI
  
        
  
     ** Arbutus Biopharma  ABUS.O : down 11.9%
     Buzz-Falls on FDA clinical hold for immune drug trial  urn:newsml:reuters.com:*:nL4N36S3VK
  
        
  
     ** TRACON Pharmaceuticals Inc  TCON.O : down 47.8%
     Buzz-Down after unfavorable ruling in dispute with I-MAB  urn:newsml:reuters.com:*:nL4N36S3W5
  
        
  
     ** Biogen Inc  BIIB.O : down 4.0%
     Buzz-Biogen trims research programs to cut costs; shares down  urn:newsml:reuters.com:*:nL4N36S2QL
  
     
  
     ** Microsoft Corp  MSFT.O : down 1.4%
     Buzz-PREVIEW: Microsoft dips ahead of report; focus on AI  urn:newsml:reuters.com:*:nL1N36S1ZP
  
        
  
     ** Albemarle Corp  ALB.N : down 3.7%
     Buzz-Slips after Jefferies cuts PT on near-term Chile uncertainty
 urn:newsml:reuters.com:*:nL4N36S406
  
        
  
     ** Valero Energy Corp  VLO.N : down 1.7%
     Buzz-PREVIEW: Valero Energy down ahead of Q1 results  urn:newsml:reuters.com:*:nL4N36R3BV
  
        
  
     ** Texas Instruments Inc  TXN.O : down 2.6%
     Buzz-PREVIEW: Texas Instruments slips heading into results  urn:newsml:reuters.com:*:nL1N36S22L
  
        
  
     ** Alphabet Inc  GOOGL.O : down 1.0%
     Buzz-PREVIEW: Alphabet edges down ahead of report; spotlight on AI
 urn:newsml:reuters.com:*:nL1N36S21V
  
        
  
     ** First Commonwealth Financial Corp  FCF.N : up 0.8%
     Buzz-Up on Q1 core earnings beat  urn:newsml:reuters.com:*:nL4N36S42E
  
    
 ** Stepan Co  SCL.N : down 8.4%
     Buzz-Drops on Q1 profit miss  urn:newsml:reuters.com:*:nL4N36S42W
  
    
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   down 1.06%
 Consumer Discretionary   .SPLRCD   down 1.37%
 Consumer Staples         .SPLRCS   down 0.04%
 Energy                   .SPNY     down 2.13%
 Financial                .SPSY     down 1.42%
 Health                   .SPXHC    down 0.88%
 Industrial               .SPLRCI   down 1.82%
 Information Technology   .SPLRCT   down 1.56%
 Materials                .SPLRCM   down 1.87%
 Real Estate              .SPLRCR   down 0.73%
 Utilities                .SPLRCU   down 0.05%
 
 (Compiled by Pratik Jain in Bengaluru)
 ((Pratik.Jain@thomsonreuters.com;))