Technology stocks weighed on the S&P 500 and the Nasdaq on Monday as caution set in ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week, with a majority of traders pricing in a steep reduction in borrowing costs. .N
At 11:31 ET, the Dow Jones Industrial Average .DJI was up 0.19% at 41,470.55. The S&P 500 .SPX was down 0.17% at 5,616.5 and the Nasdaq Composite .IXIC was down 0.79% at 17,544.279.
The top three S&P 500 .PG.INX percentage gainers:
** Bath & Body Works
** Oracle
** CrowdStrike Holdings
The top three S&P 500
.PL.INX percentage losers:
** Qorvo
** Skyworks Solutions
** Mosaic
The top two NYSE
.PG.N percentage gainers:
** Vince Holding
** Bausch + Lomb
The top two NYSE
.PL.N percentage losers:
** Healthy Choice Wellness
** Emerald Holding
The top three Nasdaq
.PG.O percentage gainers:
** NuCana
** Ree Automotive
** Exicure
The top three Nasdaq
.PL.O percentage losers:
** JBDI Holdings
** iTeos Therapeutics
** Orchestra BioMed Holdings
** Intel INTC.O: up 3.7%
BUZZ - Gains on report of qualifying for $3.5 bln grant to make chips for US military
** Iteos Therapeutics ITOS.O: down 28.6%
BUZZ - Falls after mid-stage study results for lung cancer drug
** Bausch + Lomb BLCO.N: up 12.9%
BUZZ - Gains after report co exploring sale
** Coinbase Global COIN.O: down 0.1%
** Bitfarms BITF.O: down 2.2%
** Riot Platforms RIOT.O: down 2.0%
** Hut 8 Mining HUT.O: down 0.9%
BUZZ - Crypto stocks slump on bitcoin weakness
** Alcoa AA.N: up 6.9%
BUZZ - Rises after sale of $1.1 bln stake in Ma’aden joint venture
** Trump Media & Technology Group DJT.O: down 3.5%
BUZZ - Resumes slump after new assassination attempt on Trump; lock-up expiration looms
** Zillow Group ZG.O: up 3.3%
BUZZ - Rises; Wedbush upgrades to 'outperform', lifts PT
** Pfizer PFE.N: up 1.7%
BUZZ - Mid-stage cancer drug data at ESMO 'intriguing', Guggenheim says
** Nuvalent NUVL.O: up 20.9%
BUZZ - Gains after brokerages raise PT on promising cancer therapy data
** Zentalis Pharmaceuticals ZNTL.O: up 26.5%
BUZZ - Gains as FDA lifts partial clinical hold on cancer drug studies
** FedEx FDX.N: up 1.3%
BUZZ - Bernstein raises FedEx PT on reduced cost of operations
** Upstart Holdings UPST.O: down 4.9%
BUZZ - Slides on planned $300 mln convertible debt deal
** Builders FirstSource BLDR.N: up 3.2%
BUZZ - Rises after Truist upgrade
** Lattice Semiconductor LSCC.O: up 12.3%
BUZZ - Rises; appoints new CEO
** REE Automotive REE.O: up 41.7%
BUZZ - Rises on $45 mln fund raise, Motherson tie-up
** Charles Schwab SCHW.N: up 2.1%
BUZZ - Up after reporting higher client assets in August
** CACI International CACI.N: up 4.0%
BUZZ - Rises after $1.28 bln Azure Summit deal
** Complete Solaria CSLR.O: up 19.1%
BUZZ - Gains after emerging as winning bidder for SunPower assets
** Sterling Bancorp SBT.O: down 19.8%
BUZZ - Tumbles after agreeing to $261 mln sale
** Icahn Enterprises IEP.O: up 5.5%
BUZZ - Shares jump after lawsuit dismissal, no-sell assurance
** Yelp YELP.N: down 2.8%
BUZZ - Shares fall as BofA initiates coverage with bearish rating
** Mosaic MOS.N: down 4.8%
BUZZ - Falls as it sees lower Q3 potash, phosphate production
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
up 0.28% |
Consumer Discretionary |
.SPLRCD |
down 0.32% |
Consumer Staples |
.SPLRCS |
down 0.07% |
Energy |
.SPNY |
up 0.55% |
Financial |
.SPSY |
up 0.66% |
Health |
.SPXHC |
up 0.42% |
Industrial |
.SPLRCI |
up 0.02% |
Information Technology |
.SPLRCT |
down 1.06% |
Materials |
.SPLRCM |
up 0.18% |
Real Estate |
.SPLRCR |
up 0.03% |
Utilities |
.SPLRCU |
up 0.42% |
(Compiled by Rajarshi Roy and Neil J Kanatt)