The Nasdaq and the S&P 500 jumped around 2% on Wednesday, as investors hoped for hints from the Federal Reserve on the timing of rate cuts, a bullish forecast from AMD boosted chip stocks and Microsoft slipped after a higher spending forecast. .N
At 1341 ET, the Dow Jones Industrial Average .DJI was up 0.46%. The S&P 500 .SPX was up 1.35% at 5,510.05 and the Nasdaq Composite .IXIC was up 2.38% at 17,555.942.
The top three S&P 500 .PG.INX percentage gainers:
** Vistra Corp
** Match Group
** Dayforce Inc
The top three S&P 500
.PL.INX percentage losers:
** Humana Inc
** Verisk Analytics
** Bunge Global
The top two NYSE
.PG.N percentage gainers:
** Bright Scholar Education Holdings
** Concord Medical Services Holdings
The top two NYSE
.PL.N percentage losers:
** Community Healthcare Trust
** Alto Neuroscience
The top three Nasdaq
.PG.O percentage gainers:
** NuZee Inc
** Stardust Power
** Powell Industries
The top three Nasdaq
.PL.O percentage losers:
** PepGen Inc
** Vaccinex Inc
** SigmaTron International
** Boeing Co BA.N: up 4.4%
BUZZ - Shares rise after CEO
** Vistra Corp VST.N: up 14.1%
** Constellation Energy Corp CEG.O: up 11.0%
BUZZ - Jump after grid operator power auction
** Starbucks Corp SBUX.O: up 4.3%
BUZZ - Up after co maintains annual forecasts despite Q3 sales miss
** Advanced Micro Devices Inc AMD.O: up 2.6%
** Nvidia Corp NVDA.O: up 10.5%
** Broadcom Inc AVGO.O: up 9.6%
** Intel Corp INTC.O: up 0.8%
BUZZ - Rise on upbeat AI chip revenue forecast
** Microsoft Corp MSFT.O: down 1.3%
BUZZ - Falls to over a month low after cloud results raise concerns over AI spend
** DuPont de Nemours Inc DD.N: up 4.6%
BUZZ - Rises after beating Q2 profit estimates, raises FY forecast
** Penumbra Inc PEN.N: down 2.4%
BUZZ - Down after cutting annual revenue forecast
** Bunge Global SA BG.N: down 7.9%
BUZZ - Falls after missing second-quarter profit estimates
** T-Mobile US Inc TMUS.O: up 2.9%
BUZZ - Up after raising annual subscriber additions forecast
** CNH Industrial NV CNH.N: up 4.8%
BUZZ - Rises on Q2 beat
** Humana Inc HUM.N: down 9.1%
BUZZ - Slides on higher medical care use; other health insurers fall
** Pinterest Inc PINS.N: down 13.0%
BUZZ - Tumbles after forecasting Q3 revenue below estimates
** Altria Group Inc MO.N: down 3.5%
BUZZ - Drops after Q2 results miss on weak cigarette demand
** Groupon Inc GRPN.O: down 14.6%
BUZZ - Slides after wider loss in Q2
** GE HealthCare Technologies Inc GEHC.O: up 4.2%
BUZZ - Rises after reaffirming 2024 profit forecast
** Uber Technologies Inc UBER.N: up 2.3%
BUZZ - Rises on ride-hailing partnership with Chinese automaker BYD
** CBIZ Inc CBZ.N: down 15.6%
BUZZ - Falls on plans to buy accounting firm Marcum in $2.3 bln deal
** BorgWarner Inc BWA.N: up 9.7%
BUZZ - Rises on upbeat annual profit forecast
** Marriott International Inc MAR.O: down 6.0%
BUZZ - Falls on dour annual revenue growth view
** Cencora Inc COR.N: up 2.8%
BUZZ - Gains on raising 2024 profit forecast
** Verisk Analytics Inc VRSK.O: down 8.6%
BUZZ - Slumps after Q2 revenue misses estimates
** Waters Corp WAT.N: up 5.8%
BUZZ - Climbs after Q2 results beat
** Upstart Holdings Inc UPST.O: up 9.9%
BUZZ - Rallies as Mizuho becomes lone bull after double upgrade
** Kraft Heinz Co KHC.O: up 4.9%
BUZZ - Up as FY profit outlook unchanged but demand still soft
** Arista Networks Inc ANET.N: up 10.7%
BUZZ - Up as brokerages raise PT after Q3 revenue forecast
** Fair Isaac Corp FICO.N: up 1.0%
BUZZ - Unveils $1 bln buyback plan heading into quarterly report; shares up
** Mastercard Inc MA.N: up 2.8%
BUZZ - Gains after Q2 results beat estimates on spending resilience
** Lemonade Inc LMND.N: down 18.7%
BUZZ - Tumbles 20% after soft rev guidance
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
up 0.72% |
Consumer Discretionary |
.SPLRCD |
up 1.52% |
Consumer Staples |
.SPLRCS |
up 0.16% |
Energy |
.SPNY |
up 0.49% |
Financial |
.SPSY |
up 0.05% |
Health |
.SPXHC |
up 0.05% |
Industrial |
.SPLRCI |
up 1.30% |
Information Technology |
.SPLRCT |
up 3.16% |
Materials |
.SPLRCM |
up 1.21% |
Real Estate |
.SPLRCR |
up 0.26% |
Utilities |
.SPLRCU |
up 0.98% |
(Compiled by Rajarshi Roy and Puyaan Singh in Bengaluru)