Wall Street's main stock indexes struggled for direction on Thursday as investors favored rate-sensitive small-cap stocks over expensive megacaps after a softer-than-expected inflation reading bolstered hopes for monetary policy easing in September. .N
At 11:50 ET, the Dow Jones Industrial Average .DJI was up 0.23% at 39,812.83. The S&P 500 .SPX was down 0.76% at 5,591.19 and the Nasdaq Composite .IXIC was down 1.66% at 18,338.425.
The top three S&P 500 .PG.INX percentage gainers:
** Builders FirstSource
** D.R. Horton
** Mohawk Industries
The top three S&P 500
.PL.INX percentage losers:
** American Airlines Group
** Delta Air Lines
** Nvidia
The top two NYSE
.PG.N percentage gainers:
** Methode Electronics
** QuantumScape
The top three NYSE
.PL.N percentage losers:
** E2open Parent Holdings
** GCT Semiconductor Holding
** Phoenix New Media
The top three Nasdaq
.PG.O percentage gainers:
** Locafy
** NexImmune
** Volcon
The top three Nasdaq
.PL.O percentage losers:
** Cetus Capital
** Inspire Veterinary Partners
** Salarius Pharmaceuticals
** DoorDash Inc DASH.O: down 0.2%
BUZZ - Down after Keybanc initiates with sector weight rating
** Alcoa Corp AA.N: up 1.4%
BUZZ - Up after Q2 prelim results surpass Wall Street bets
** Citigroup Inc C.N: down 1.5%
BUZZ - Falls after US regulators slap $136 million fine
** Delta Air Lines Inc DAL.N: down 5.7%
BUZZ - Shares fall on downbeat Q3 earnings forecast
** Pfizer PFE.N: up 1.3%
BUZZ - Rises after moving forward with once-daily weight loss drug
** QuantumScape QS.N: up 28.8%
BUZZ - Jumps as Volkswagen to ramp up production of co-developed battery cells
** Schlumberger NV SLB.N: up 1.4%
** Baker Hughes BKR.O: up 1.4%
** Transocean RIG.N: up 1.8%
BUZZ - Susquehanna expects international demand aiding oilfield service cos in Q2 as US stays flat
** WD-40 WDFC.O: up 2.6%
BUZZ - Jumps after Q3 beat
** Republic Services RSG.N: up 1.2%
BUZZ - Truist upgrades Republic Services to 'buy' on margin growth expectations
** Salarius Pharmaceuticals SLRX.O: down 21.2%
BUZZ - Falls as FDA puts cancer drug trial on partial clinical hold
** Newmont NEM.N: up 1.6%
** Barrick Gold GOLD.N: up 0.8%
** AngloGold Ashanti AU.N: up 1.8%
** Gold Fields GFI.N: up 1.4%
BUZZ - Gold miners gain on hopes of rate cut by US Federal Reserve
** PriceSmart PSMT.O: up 1.2%
BUZZ - Climbs after Q3 earnings beat
** Riot Platforms Inc RIOT.O: up 1.5%
** Marathon Digital Holdings Inc MARA.O: up 1.8%
** Hut 8 Mining Corp HUT.O: up 3.7%
BUZZ - Crypto stocks rise in tandem with bitcoin
** Conagra Brands Inc CAG.N: down 2.7%
BUZZ - Drops as FY25 forecasts fall short of estimates
** Illinois Tool Works Inc ITW.N: up 2.2%
BUZZ - PT cut by brokerage on end-market softness
** BXP Inc BXP.N: up 5.0%
** SBA Communications SBAC.O: up 5.8%
** American Tower AMT.N: up 4.4%
** Alexandria Real Estate Equities ARE.N: up 5.1%
BUZZ - U.S real estate, homebuilder shares gain after cooling CPI data
** SunPower Corp SPWR.O: up 5.5%
** First Solar Inc FSLR.O: up 0.5%
** Enphase Energy Inc ENPH.O: up 3.4%
BUZZ - Solar stocks jump as rate-cut bets firm after CPI report
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
down 2.20% |
Consumer Discretionary |
.SPLRCD |
down 0.96% |
Consumer Staples |
.SPLRCS |
down 0.18% |
Energy |
.SPNY |
up 0.88% |
Financial |
.SPSY |
up 0.56% |
Health |
.SPXHC |
up 0.66% |
Industrial |
.SPLRCI |
up 1.38% |
Information Technology |
.SPLRCT |
down 2.55% |
Materials |
.SPLRCM |
up 1.37% |
Real Estate |
.SPLRCR |
up 2.76% |
Utilities |
.SPLRCU |
up 1.90% |
(Compiled by Rarshi Roy and Arsheeya Bajwa)