U.S. stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week, boosting expectations that the Federal Reserve will maintain a hawkish stance for most of this year..N
At 10:30 EST, the Dow Jones Industrial Average .DJI was up 0.24% at 42,039.15. The S&P 500 .SPX was down 0.78% at 5,781.86, and the Nasdaq Composite .IXIC was down 1.57% at 18,861.73.
The top three S&P 500 .PG.INX percentage gainers:
** Humana Inc HUM.N, up 6.7%
** Valero Energy Corp VLO.N, up 5.5%
** CF Industries Holdings Inc CF.N, up 5.3%
The top three S&P 500 .PL.INX percentage losers:
** Moderna Inc MRNA.OQ, down 22.8%
** Edison International EIX.N, down 9.9%
** Constellation Energy Corp CEG.OQ, down 7.2%
The top three NYSE .PG.N percentage gainers:
** LSB Industries Inc LXU.N, up 19.8%
** Nevro Corp NVRO.N, up 14.9%
** agilon health inc AGL.N, up 14.0%
The top three NYSE .PL.N percentage losers:
** D-Wave Quantum Inc QBTS.N, down 27.6%
** Stem Inc STEM.N, down 20.8%
** Abercrombie & Fitch Co ANF.N, down 18.1%
The top three Nasdaq .PG.O percentage gainers:
** Phio Pharmaceuticals Corp PHIO.OQ, up 365.1%
** Salarius Pharmaceuticals Inc SLRX.OQ, up 299.4%
** Agape ATP Corp ATPC.OQ, up 59.5%
The top three Nasdaq .PL.O percentage losers:
** Comtech Telecommunications Corp CMTL.OQ, down 46.7%
** Eshallgo Inc EHGO.OQ, down 45.0%
** SRIVARU Holding Ltd SVMH.OQ, down 34.6%
** United States Steel Corp X.N:
BUZZ - Rises after report says Cleveland-Cliffs and Nucor may bid for co nL4N3O91DN
** Rumble Inc RUM.O:
BUZZ - Surges after cloud deal with El Salvador government nL4N3O90O6
** Howard Hughes Holdings Inc HHH.N:
BUZZ - Shares surge as Ackman's Pershing Square proposes merger with unit nL4N3O916G
** Apple Inc AAPL.O:
BUZZ - Samsung leads smartphone market in 2024, Counterpoint Research says nL4N3O90PU
** General Electric Co GE.N:
BUZZ - Bernstein cuts GE Aerospace PT on supply chain woes, lower margins nL4N3O90TK
** Nvidia Corp NVDA.O:
** Intel Corp INTC.O:
** Marvell Technology Inc MRVL.O:
** Broadcom Inc AVGO.O:
BUZZ - Semiconductor, cloud service provider stocks fall as US expands AI tech export curbs nL4N3O918M
** CF Industries Holdings Inc CF.N:
** Nutrien Ltd NTR.N:
** Mosaic Co MOS.N:
** LSB Industries Inc LXU.N:
BUZZ - Piper Sandler expects USDA's report to reshape agricultural sector in 2025 nL4N3O90TS
** High Tide Inc HITI.O:
BUZZ - Rises on plan to acquire Purecan GmbH nL4N3O90UB
** Intra-Cellular Therapies Inc ITCI.O:
BUZZ - Jumps after J&J to buy co for $14.6 billion nL4N3O90WB
** Pinterest Inc PINS.N:
BUZZ - Falls as Jefferies downgrades to 'hold' on new products' payoff taking longer nL4N3O90W1
** Lululemon Athletica Inc LULU.O:
BUZZ - Jumps on raising Q4 sales, profit forecasts nL4N3O90WZ
** Barrick Gold Corp GOLD.N:
** AngloGold Ashanti Ltd AU.N:
** Sibanye Stillwater Ltd SBSW.N:
** Agnico Eagle Mines Ltd AEM.N:
BUZZ - Gold miners fall as US dollar strengthens nL4N3O90WI
** Sage Therapeutics Inc SAGE.O:
BUZZ - Rises after Biogen proposes to buy remaining stake for $442 mln nL4N3O90XS
** Moderna Inc MRNA.O:
BUZZ - Falls after 2025 sales forecast cut nL4N3O90ZV
** Macy's Inc M.N:
BUZZ - Falls as holiday-quarter sales forecast comes in below prior expectation nL4N3O9105
** Omnicell Inc OMCL.O:
BUZZ - Wells Fargo cuts Omnicell PT on lower 2025 revenue forecast nL4N3O910N
** Comtech Telecommunication Corp CMTL.O:
BUZZ - Shares plunge as co expands strategic review to include Satellite & Space Communications unit nL4N3O910P
** Comstock Inc LODE.N:
BUZZ - Falls on renewable fuels unit spin off, reverse stock split plans nL4N3O911S
** Abercrombie & Fitch Co ANF.N:
BUZZ - Down after annual sales forecast comes in below estimates nL4N3O911Y
** Dexcom Inc DXCM.O:
BUZZ - Rises after forecasting 2025 revenue in-line with estimates nL4N3O912L
** American Eagle Outfitters Inc AEO.N:
BUZZ - Up after raising Q4 operating profit outlook nL4N3O9147
** Essex Property Trust Inc ESS.N:
BUZZ - Up after BMO upgrades residential REIT's rating to 'outperform' nL4N3O91AR
** PG&E Corp PCG.N:
BUZZ - Rises as BMO joins bull camp nL6N3O90BP
** Chevron Corp CVX.N:
** Exxon Mobil Corp XOM.N:
** APA Corp APA.O:
** Diamondback Energy Inc FANG.O:
BUZZ - Energy firms rise on expected hit to China and India's Russian supplies nL4N3O916N
** Constellation Energy Corp CEG.O:
BUZZ - Mizuho raises PT on Constellation Energy post Calpine deal nL4N3O914L
** Paycor HCM Inc PYCR.O:
BUZZ - Raymond James downgrades Paycor to 'market perform' nL4N3O90RC
** Urban Outfitters Inc URBN.O:
BUZZ - Rises after reporting higher holiday sales nL4N3O917P
** American Well Corp AMWL.N:
BUZZ - Wells Fargo upgrades American Well Corp to 'overweight' nL4N3O917J
** Kinder Morgan Inc KMI.N:
BUZZ - Rises after buying natgas gathering system for $640 mln nL4N3O211L
** Canadian National Railway Inc CNI.N:
BUZZ - TD Cowen lifts Canadian National Railway's rating to 'buy' on valuation nL4N3O91CX
** MicroStrategy Inc MSTR.O:
** Coinbase Global Inc COIN.O:
** Bitfarms Ltd BITF.O:
** Riot Platforms Inc RIOT.O:
BUZZ - Crypto stocks drop as bitcoin slides below $90,000 nL6N3O90D0nL6N3O90D0
** American Electric Power Company Inc AEP.O:
BUZZ - BofA upgrades American Electric Power to 'buy', raises PT nL4N3O91DS
The 11 major S&P 500 sectors:
Index RIC | Index name | Percent change % |
.SPX | S&P 500 | -0.79 |
.SPLRCT | S&P 500 Information Technology | -2.05 |
.SPLRCU | S&P 500 Utilities | -1.75 |
.SPLRCD | S&P 500 Consumer Discretionary | -0.77 |
.SPLRCM | S&P 500 Materials | 1.09 |
.SPLRCI | S&P 500 Industrials | 0.25 |
.SPLRCL | S&P 500 Communication Services (Sector) | -1.27 |
.SPSY | S&P 500 Financials | 0 |
.SPLRCR | S&P 500 Real Estate | -0.07 |
.SPXHC | S&P 500 Health Care | 0.29 |
.SPLRCS | S&P 500 Consumer Staples | -0.43 |
.SPNY | S&P 500 Energy | 2.31 |
(Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru)
((Prakhar.srivastava2@thomsonreuters.com))