The Nasdaq slumped 2% to a two-week low on Wednesday, accompanied by losses on the S&P 500, as major chip and tech stocks were pressured by the prospect of tighter U.S. trade curbs on companies giving China access to advanced semiconductor technology. .N
At 11:31 ET, the Dow Jones Industrial Average .DJI was up 0.29% at 41,074.75. The S&P 500 .SPX was down 1.18% at 5,600.52 and the Nasdaq Composite .IXIC was down 2.34% at 18,076.998.
The top three S&P 500 .PG.INX percentage gainers:
** Prologis
** Henry Schein
** Solventum Cp Ord
The top three S&P 500
.PL.INX percentage losers:
** Advanced Micro Devices
** J.B. Hunt
** Vistra Corp Ord
The top three NYSE
.PG.N percentage gainers:
** Direxion Daily Etf
** Calvert US Mid-Cap Etf
** Four Seasons Education
The top three NYSE
.PL.N percentage losers:
** Azitra Inc Ord
** Aeon Biopharma Ord
** Direxion Daily
The top three Nasdaq
.PG.O percentage gainers:
** Shimmick Crp Ord
** Aditxt Inc Ord
** Aehr Test Systems
The top three Nasdaq
.PL.O percentage losers:
** Cassava Sciences Inc
** 4D Molecular Therapeutics
** Five Below Inc
** Five Below Inc FIVE.O: down 21.5%
BUZZ - Tumbles on CEO transition, Q2 sales forecast cut
** Aehr Test Systems AEHR.O: up 23.8%
BUZZ - Jumps on higher Q4 profit, acquisition dea
** Nvidia Corp NVDA.O: down 5.4%
** Micron Technology Inc MU.O: down 4.4%
** Broadcom Inc AVGO.O: down 5.4%
** Marvel Technology Inc MRVL.O: down 7.0%
BUZZ - US chip stocks hit by China trade worries; Intel bucks trend
** GitLab Inc GTLB.O: up 8.0%
BUZZ - Jumps on Reuters report of exploring sale
** Spirit Airlines Inc SAVE.N: down 10.3%
BUZZ - Falls after lowering Q2 forecast
** Gates Industrial Corporation PLC GTES.N: up 4.4%
BUZZ - Rises after co to join S&P SmallCap 600
** Eli Lilly and Co LLY.N: down 2.8%
BUZZ - Falls as rival Roche reports early data for obesity pill
** Bloom Energy Corp BE.N: up 5.8%
BUZZ - Jumps on AI data center partnership with CoreWeave
** VF Corp VFC.N: up 7.7%
BUZZ - Rises on sale of streetwear brand to EssilorLuxottica
** U.S. Bancorp USB.N: up 4.4%
BUZZ - Rises as Q2 profit, interest income beat estimates
** Wag! Group Co PET.O: down 11.6%
BUZZ - Sinks to depths on pricing stock offering
** Northern Trust Corp NTRS.O: down 4.7%
BUZZ - Falls after Q2 profit misses estimates
** Enphase Energy Inc ENPH.O: down 3.5%
** First Solar Inc FSLR.O: down 4.6%
** Nextracker Inc NXT.O: down 2.2%
** SolarEdge Technologies Inc SEDG.O: down 6.5%
BUZZ - Prolonged recovery in Europe weighs on US solar stocks
** Ally Financial Inc ALLY.N: down 3.6%
BUZZ - Falls after Q2 profit, revenue decline
** First Horizon Corp FHN.N: down 3.8%
BUZZ - Slides after lowering annual interest income outlook
** Chevron Corp CVX.N: up 1.4%
** Exxon Mobil Corp XOM.N: up 0.6%
** Diamondback Energy Inc FANG.O: up 0.8%
** APA Corp APA.O: up 1.1%
BUZZ - Energy firms rise on falling US inventories, weak dollar
** JB Hunt Transport Services Inc JBHT.O: down 7.4%
BUZZ - Shares fall after Q2 EPS, revenue miss street estimates
** GlobalFoundries Inc GFS.O: up 8.9%
** Intel Corp INTC.O: up 2.0%
BUZZ - Surge after Trump's Taiwan comments
** Prologis Inc PLD.N: up 4.9%
BUZZ - Gains after firm raises FY core FFO forecast
** Interactive Brokers Group Inc IBKR.O: down 1.6%
BUZZ - Falls after Q2 revenue miss
** Elevance Health Inc ELV.N: down 6.3%
BUZZ - Falls as it expects elevated costs in Medicaid business
** UnitedHealth Group Inc UNH.N: up 3.1%
BUZZ - Hits all-time high
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
down 1.84% |
Consumer Discretionary |
.SPLRCD |
down 1.61% |
Consumer Staples |
.SPLRCS |
up 0.89% |
Energy |
.SPNY |
up 0.71% |
Financial |
.SPSY |
up 0.65% |
Health |
.SPXHC |
up 0.27% |
Industrial |
.SPLRCI |
down 0.85% |
Information Technology |
.SPLRCT |
down 3.09% |
Materials |
.SPLRCM |
up 0.12% |
Real Estate |
.SPLRCR |
up 1.03% |
Utilities |
.SPLRCU |
up 0.72% |
(Compiled by Rajarshi Roy and Abhinav Parmar in Bengaluru)