The S&P 500 and Nasdaq indexes hovered record highs on Thursday, boosted by a jump in chip stocks after lower-than-forecast producer inflation data fanned expectations of interest-rate cuts from the Federal Reserve. .N
At 11:37 ET, the Dow Jones Industrial Average .DJI was down 0.51% at 38,513.74. The S&P 500 .SPX was down 0.01% at 5,420.37 and the Nasdaq Composite .IXIC was up 0.23% at 17,649.749.
The top three S&P 500 .PG.INX percentage gainers:
** Broadcom Inc
** Super Micro Computer
** Arista Networks
The top three S&P 500
.PL.INX percentage losers:
** Paramount Global
** Generac Holdings
** Vistra Corp Ord
The top three NYSE
.PG.N percentage gainers:
** Sila Realty Trust
** John Wiley & Sons Class B
** John Wiley & Sons Class A
The top three NYSE
.PL.N percentage losers:
** ZKH Group Lt Drc
** JJill Inc
** Signet Jewelers
The top three Nasdaq
.PG.O percentage gainers:
** Zapp Electric Vehicles Ord
** Longeveron Inc
** Urogen Pharma Ltd
The top two Nasdaq
.PL.O percentage losers:
** Wilhelmina International
** Cardiol Therapeutics
** Broadcom Inc AVGO.O: up 13.2%
BUZZ - Hits record high after FY forecast hike, uplifts chipmakers
** Tesla Inc TSLA.O: up 3.8%
BUZZ - Climbs to over 1-month high after Musk says shareholders vote in favor of his $56 bln pay package
** Virgin Galactic Holdings Inc SPCE.N: down 14.1%
BUZZ - Down after reverse stock split announcement
** 3M Co MMM.N: up 0.6%
BUZZ - Rises after Wolfe Research upgrades to 'outperform'
** Pfizer Inc PFE.N: down 0.3%
BUZZ - Gene therapy trial miss 'solidifies' rival Sarepta's position, analysts say
** J.Jill Inc JILL.N: down 18.8%
BUZZ - Tumbles after deep-discounted stock offering
** Corning Inc GLW.N: down 1.3%
BUZZ - Ticks lower after Morgan Stanley downgrades to 'equal-weight'
** Cara Therapeutics Inc CARA.O: down 33.9%
BUZZ - Drops on scrapping of condition study, strategic options plan
** Ford Motor Co F.N: down 1.4%
BUZZ - Bernstein expects EU tariffs on Chinese EVs to give Ford temporary window
** PAR Technology Corp PAR.N: up 3.4%
BUZZ - Rises after Stephens upgrades to 'overweight'
** NextDecade Corp NEXT.O: up 1.6%
BUZZ - Up on 20-year LNG supply deal with Saudi Aramco
** Kimberly-Clark Corp KMB.N: up 2.8%
BUZZ - Gains after BofA switches to bull camp with "buy"
** Boeing Co BA.N: down 1.2%
BUZZ - Dips after report on planemaker probing 787 quality problem
** Newmont Corp NEM.N: down 1.5%
** Barrick Gold Corp GOLD.N: down 2.1%
** Sibanye Stillwater Ltd SBSW.N: down 2.9%
** Gold Fields Ltd GFI.N: down 11.4%
BUZZ - Gold miners fall as Fed projects just one rate cut in 2024
** Vivani Medical Inc VANI.O: up 4.3%
BUZZ - Jumps as US FDA lifts clinical hold on trial for diabetes treatment implant
** Vanda Pharmaceuticals Inc VNDA.O: up 11.5%
BUZZ - Jumps as Future Pak raises cash portion of buyout offer
** Sarepta Therapeutics Inc SRPT.O: up 3.7%
BUZZ - Up as analysts say Pfizer's failed gene therapy trial solidifies co's position
** Global X MSCI Argentina ETF ARGT.N: up 3.1%
** YPF SA YPF.N: up 3.9%
** Central Puerto SA CEPU.N: up 6.9%
** Grupo Supervielle SA SUPV.N: up 11.4%
BUZZ - Argentina ADRs, ETF climb as Senate passes reform bill
** Ultragenyx Pharmaceuticals Inc RARE.O: down 2.0%
BUZZ - Drops after launching $350 mln stock offering
** Williams-Sonoma Inc WSM.N: up 2.6%
BUZZ - Rises after announcing stock split
** WestRock Co WRK.N: up 1.8%
BUZZ - Rises as stockholders approve merger with Smurfit Kappa
** Photronics Inc PLAB.O: down 4.1%
BUZZ - Falls after placing general counsel on leave
** ACI Worldwide Inc ACIW.O: up 0.5%
BUZZ - Rises on $400 mln share repurchase authorization
** Repligen Corp RGEN.O: down 9.8%
BUZZ - Longtime CEO to step down; shares drop
** MicroStrategy Inc MSTR.O: down 6.5%
BUZZ - Drops after convertible unveil to buy more bitcoin
** enCore Energy Corp EU.O: up 2.4%
BUZZ - Up as uranium production begins at second South Texas project
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
down 0.72% |
Consumer Discretionary |
.SPLRCD |
down 0.24% |
Consumer Staples |
.SPLRCS |
down 0.18% |
Energy |
.SPNY |
down 0.89% |
Financial |
.SPSY |
down 0.52% |
Health |
.SPXHC |
down 0.51% |
Industrial |
.SPLRCI |
down 1.17% |
Information Technology |
.SPLRCT |
up 1.13% |
Materials |
.SPLRCM |
down 0.66% |
Real Estate |
.SPLRCR |
up 0.30% |
Utilities |
.SPLRCU |
down 0.56% |
(Compiled by Rajarshi Roy and Jaiveer Shekhawat in Bengaluru)