Technology stocks led U.S. indexes higher on Wednesday, as investors strengthened bets for an earlier-than-expected start to the Federal Reserve's policy easing cycle after multiple reports signaled slowing growth in the world's largest economy. .N
At 13:46 ET, the Dow Jones Industrial Average .DJI was up 0.10% at 38,750.72. The S&P 500 .SPX was up 0.87% at 5,337.52 and the Nasdaq Composite .IXIC was up 1.61% at 17,128.953.
The top three S&P 500 .PG.INX percentage gainers:
** Hewlett Packard Enterprise
** Seagate Technology Holdings plc
** NRG Energy
The top three S&P 500
.PL.INX percentage losers:
** Brown-Forman
** CF Industries Holdings
** Dollar Tree
The top three NYSE
.PG.N percentage gainers:
** Laird Superfood
** 3D Systems
** Guidewire Software
The top three NYSE
.PL.N percentage losers:
** Logistic Properties
** Mynd.ai
** AXIL Brands
The top three Nasdaq
.PG.O percentage gainers:
** Actelis Networks
** WalkMe
** Nova LifeStyle
The top three Nasdaq
.PL.O percentage losers:
** MicroAlgo
** SPAR Group
** Nisun International Enterprise Development Group
** Intel INTC.O: up 2.2%
BUZZ - Rises on JV with Apollo related to Ireland chipmaking unit
** CrowdStrike Holdings CRWD.O: up 11.3%
BUZZ - Gains after upbeat Q2 forecast
** Stitch Fix SFIX.O: up 24.0%
BUZZ - Soars as Q3 revenue beats estimates
** WalkMe WKME.O: up 42.6%
BUZZ - Soars after SAP's $1.5 bln buyout deal
** Hewlett Packard Enterprise HPE.N: up 12.9%
BUZZ - Climbs after upbeat revenue forecasts
** Dollar Tree DLTR.O: down 4.5%
BUZZ - Drops on dull profit forecast; exploring options for Family Dollar
** 3D Systems DDD.N: up 22.0%
BUZZ - Jumps after announcing dental contract award
** Rocket Lab USA RKLB.O: up 2.9%
BUZZ - Up after completing second launch for NASA
** Coinbase Global COIN.O: up 2.2%
** Marathon Digital Holdings MARA.O: up 1.6%
** Hut 8 Mining HUT.O: up 3.5%
BUZZ - Crypto stocks rise in tandem with Bitcoin
** HanesBrands HBI.N: up 4.6%
BUZZ - Surges after $1.2 bln deal to sell its sportswear business
** Annexon ANNX.O: up 15.0%
BUZZ - Extends gains after launching stock offering to fund disorder drug
** Old Dominion Freight Line ODFL.O: up 2.4%
BUZZ - BMO initiates coverage on Old Dominion with 'outperform' rating
** REV Group REVG.N: up 10.4%
BUZZ - Accelerates after Q2 beat, FY earnings outlook boost
** Archer Aviation ACHR.N: up 7.5%
BUZZ - Rises after regulatory for commercial airline
** Brown-Forman BFb.N: down 6.4%
BUZZ - Drops after Q4 sales miss estimates
** Avinger AVGR.O: up 11.6%
BUZZ - Announces job cuts in unit; shares rise
** Chemours CC.N: up 3.1%
BUZZ - Rises after company appoints CFO
** Hyster-Yale Materials Handling HY.N: up 2.6%
BUZZ - Rises after Northland upgrades to 'outperform'
** Riot Platforms RIOT.O: down 2.3%
BUZZ - Drops after Kerrisdale Capital shorts bitcoin miner
** Ollie's Bargain Outlet Holdings OLLI.O: up 10.4%
BUZZ - Shares hit over 2-yr high after co raises FY sale, profit forecast
** Madrigal Pharmaceuticals MDGL.O: down 6.2%
** Akero Therapeutics AKRO.O: up 4.6%
** 89Bio ETNB.O: down 1.3%
BUZZ - NASH drug developers fall after Eli Lilly's obesity drug shows liver scarring benefit
** Fortuna Silver Mines FSM.N: down 12.9%
BUZZ - Falls on announcing $150-mln convertible senior
** Guidewire Software GWRE.N: up 17.9%
BUZZ - Jumps after lifting annual revenue forecast
** Newmont NEM.N: up 0.5%
** Barrick Gold GOLD.N: up 0.9%
** Gold Fields GFI.N: up 1.7%
** Harmony Gold Mining HMY.N: up 1.9%
BUZZ - Gold miners rise as US Treasury yields edge lower
** Lands End LE.O: down 4.4%
BUZZ - Shares sink as it reports rev drop, wider loss
** Cytokinetics CYTK.O: up 10.5%
BUZZ - Rises; CEO confirms prior M&A interest in company
** Ambac Financial Group AMBC.N: down 18.2%
BUZZ - Slides on sale of legacy financial guarantee business
** Novavax NVAX.O: up 19.0%
BUZZ - Climbs after vaccine makers say COVID shots for JN.1 variant strains
** Snowflake SNOW.N: down 2.3%
BUZZ - Down as brokerages cut PT
** VersaBank VBNK.O: down 1.5%
BUZZ - Dips as Q2 interest income misses estimates
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
up 0.91% |
Consumer Discretionary |
.SPLRCD |
up 0.49% |
Consumer Staples |
.SPLRCS |
down 0.67% |
Energy |
.SPNY |
down 0.19% |
Financial |
.SPSY |
down 0.07% |
Health |
.SPXHC |
up 0.43% |
Industrial |
.SPLRCI |
up 0.70% |
Information Technology |
.SPLRCT |
up 2.24% |
Materials |
.SPLRCM |
up 0.22% |
Real Estate |
.SPLRCR |
down 0.12% |
Utilities |
.SPLRCU |
down 0.45% |
(Compiled by Rajarshi Roy and Anuja Bharat Mistry in Bengaluru)