The S&P 500 and the Nasdaq hit over one-week lows on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model knocked shares of chipmaker Nvidia and other companies benefiting from investments into the technology. .N
At 10:30 EST, the Dow Jones Industrial Average .DJI was down 0.08% at 44,388.69.The S&P 500 .SPX was down 1.52% at 6,008.45, and the Nasdaq Composite .IXIC was down 2.53% at 19,450.14.
The top three S&P 500 .PG.INX percentage gainers:
** AT&T Inc T.N, up 6.3%
** Moderna Inc MRNA.OQ, up 5.0%
** SBA Communications Corp SBAC.OQ, up 4.3%
The top three S&P 500 .PL.INX percentage losers:
** Vistra Corp VST.N, down 24.1%
** Constellation Energy Corp CEG.OQ, down 20.5%
** Ge Vernova Inc GEV.N, down 18.4%
The top three NYSE .PG.N percentage gainers:
** SES AI Corp SES.N, up 12.4%
** Asana Inc ASAN.N, up 12.0%
** Vince Holding Corp VNCE.N, up 8.9%
The top three NYSE .PL.N percentage losers:
** Vistra Corp VST.N, down 24.1%
** Vertiv Holdings Co VRT.N, down 23.8%
** Bloom Energy Corp BE.N, down 22.8%
The top three Nasdaq .PG.O percentage gainers:
** Planet Image International Ltd YIBO.OQ, up 287.9%
** Aurora Mobile Ltd JG.OQ, up 151.8%
** Akero Therapeutics Inc AKRO.OQ, up 101.9%
The top three Nasdaq .PL.O percentage losers:
** Allakos Inc ALLK.OQ, down 78.2%
** Veru Inc VERU.OQ, down 48.3%
** NXU Inc NXU.OQ, down 42.9%
** Nvidia Corp NVDA.O:
** Super Micro Computer Inc SMCI.O:
** Broadcom Inc AVGO.O:
** Qualcomm Inc QCOM.O:
BUZZ - AI-linked stocks slump after China upgrades low-cost, low-power AI modelnL3N3ON10H
** Constellation Energy Corp CEG.O:
** Vistra Corp VST.N:
** NextEra Energy Inc NEE.N:
** GE Vernova Inc GEV.N:
BUZZ - Power companies slide amid broad pullback in AI-linked stocks nL3N3ON0JK
** Marygold Companies Inc MGLD.N:
BUZZ - Slumps after pricing stock offering nL3N3ON0JJ
** Coinbase Global Inc COIN.O:
** Riot Platforms Inc RIOT.O:
** MARA Holdings Inc MARA.O:
** Hut 8 Corp HUT.O:
BUZZ - Crypto stocks fall tracking bitcoin weakness nL3N3ON0I7
** United States Steel Corp X.N:
BUZZ - Falls on report that Ancora pushes to end Nippon merger nL3N3ON0KS
** AT&T Inc T.N:
BUZZ - Rises on upbeat Q4 wireless subscriber growth nL3N3ON10R
** Tevogen Bio Holdings Inc TVGN.O:
BUZZ - Jumps on expanded Microsoft AI collaboration nL3N3ON0LM
** Akero Therapeutics Inc AKRO.O:
BUZZ - Surges on mid-stage data from liver disease trial nL3N3ON0QI
** Capital One Financial Corp COF.N:
BUZZ - Citi raises Capital One's PT on Q4 deposit growth expectation, stable delinquencies nL3N3ON0PM
** Aspen Technology Inc AZPN.O:
BUZZ - Rises after Emerson to buy remaining stake in co for $7.2 bln nL3N3ON11H
** Allakos Inc ALLK.O:
BUZZ - Falls over 70% after halting development of skin condition drug nL3N3ON0UN
** Ralph Lauren Corp RL.N:
BUZZ - Raymond James cuts Ralph Lauren to 'market perform' on stock rally nL3N3ON0U0
** Sagimet Biosciences Inc SGMT.O:
BUZZ - JonesTrading starts coverage on drug developer Sagimet with 'buy' rating nL3N3ON0XG
** Qorvo Inc QRVO.O:
BUZZ - Looks to defy tech rout after Piper Sandler upgrades to 'overweight' nL6N3ON0GD
** Ameren Corp AEE.N:
** CenterPoint Energy Inc CNP.N:
** Evergy Inc EVRG.O:
** Talen Energy Corp TLN.O:
BUZZ - Barclays optimistic on US utilities, sees continued demand growth nL3N3ON0SA
** QXO Inc QXO.N:
** Beacon Roofing Supply Inc BECN.O:
BUZZ - Takes $11 billion takeover offer to Beacon Roofing shareholders; shares down nL3N3ON12D
** EQT Corp EQT.N:
** Cheniere Energy Inc LNG.N:
** Energy Transfer LP ET.N:
** United States Natural Gas Fund LP UNG.N:
BUZZ - US natgas stocks fall on forecasts of warmer weather nL3N3ON12J
** Digital Realty Trust Inc DLR.N:
** Equinix Inc EQIX.O:
** Iron Mountain Inc IRM.N:
BUZZ - Data center operators slammed as AI-linked shares tumble nL6N3ON0I8
** Sage Therapeutics Inc SAGE.O:
BUZZ - Rises after rejecting Biogen's $469 mln acquisition offer nL3N3ON0Z1
The 11 major S&P 500 sectors:
Index RIC | Index name | Percent change % |
.SPX | S&P 500 | -1.51 |
.SPLRCT | S&P 500 Information Technology | -4.46 |
.SPLRCU | S&P 500 Utilities | -3.97 |
.SPLRCD | S&P 500 Consumer Discretionary | -0.34 |
.SPLRCM | S&P 500 Materials | -0.66 |
.SPLRCI | S&P 500 Industrials | -1.44 |
.SPLRCL | S&P 500 Communication Services (Sector) | -0.46 |
.SPSY | S&P 500 Financials | 0.1 |
.SPLRCR | S&P 500 Real Estate | 0.23 |
.SPXHC | S&P 500 Health Care | 1.36 |
.SPLRCS | S&P 500 Consumer Staples | 1.35 |
.SPNY | S&P 500 Energy | -0.53 |