Reuters
2024.02.12 18:45
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BUZZ-U.S. STOCKS ON THE MOVE-Perpetua Resources, Nvidia, SiriusXM

U.S. stocks climbed on Monday, with the tech-laden Nasdaq inching close to its all-time high as investors geared up for two crucial inflation reports during the week. Nvidia overtook Amazon in value for the first time in two decades. The top gainers in the S&P 500 were VF Corp, Diamondback Energy, and Enphase Energy, while the top losers were Motorola Solutions, Constellation Energy, and Gartner Inc. The top gainers in the NYSE were Volato Group, Emeren Group, and Youdao Inc, while the top losers were Quantum FinTech Acquisition Corp, Big Lots Inc, and Alto Neuroscience Inc. The top gainers in the Nasdaq were Beamr Imaging Ltd, Millennium Group International Holdings Ltd, and Nano Labs Ltd, while the top losers were AN2 Therapeutics Inc, TOP Financial Group Ltd, and Lakeshore Acquisition II Corp. Joby Aviation Inc climbed after a deal to launch air taxi in UAE, while Emeren Group Ltd rose on an accelerated stock repurchase program.

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U.S. stocks climbed on Monday, with the tech-laden Nasdaq inching close to its all-time high as investors geared up for two crucial inflation reports during the week, while Nvidia overtook Amazon in value for the first time in two decades. (.N)

At 13:32 ET, the Dow Jones Industrial Average (.DJI) was up 0.56% at 38,888.18. The S&P 500 (.SPX) was up 0.23% at 5,038.29 and the Nasdaq Composite (.IXIC) was up 0.14% at 16,012.83.

The top three S&P 500 (.PG.INX) percentage gainers:

** VF Corp (VFC.N) , up 15.4%

** Diamondback Energy Inc (FANG.OQ) , up 9.9%

** Enphase Energy Inc (ENPH.OQ) , up 7%

The top three S&P 500 (.PL.INX) percentage losers:

** Motorola Solutions Inc (MSI.N) , down 3.1%

** Constellation Energy Corp (CEG.OQ) , down 2.9%

** Gartner Inc (IT.N) , down 2.9%

The top three NYSE (.PG.N) percentage gainers:

** Volato Group Inc (SOAR.N) , up 23.5%

** Emeren Group Ltd (SOL.N) , up 17.1%

** Youdao Inc (DAO.N) , up 16.7%

The top three NYSE (.PL.N) percentage losers:

** Quantum FinTech Acquisition Corp (ATCH.N) , down 36.6%

** Big Lots Inc (BIG.N) , down 31%

** Alto Neuroscience Inc (ANRO.N) , down 14.6%

The top three Nasdaq (.PG.O) percentage gainers:

** Beamr Imaging Ltd (BMR.O) , up 936%

** Millennium Group International Holdings Ltd (MGIH.O) , up 559.5%

** Nano Labs Ltd (NA.O) , up 129.6%

The top three Nasdaq (.PL.O) percentage losers:

** AN2 Therapeutics Inc (ANTX.O) , down 73%

** TOP Financial Group Ltd (TOP.O) , down 40.6%

** Lakeshore Acquisition II Corp (LBBB.O) , down 26.7%

** Joby Aviation Inc (JOBY.N) : up 7.9%

BUZZ - Climbs after deal to launch air taxi in UAE

** Emeren Group Ltd (SOL.N) : up 17.1%

BUZZ - Rises on accelerated stock repurchase program

** New York Community Bancorp Inc (NYCB.N) : up 0.6%

BUZZ - Extends rebound after Friday’s surge

** Diamondback Energy Inc (FANG.O) : up 9.9%

BUZZ - Rises after $26 billion Endeavor deal

** Big Lots Inc (BIG.N) : down 31.0%

BUZZ - Shares set for worst day ever after report co seeks financing

** AN2 Therapeutics Inc (ANTX.O) : down 73.0%

BUZZ - To pause enrollment in lung disease study, shares plummet

** B Riley Financial Inc (RILY.O) : up 8.8%

BUZZ - Reverses course to hit 1-week high

** Rivian Automotive Inc (RIVN.O) : down 2.0%

BUZZ - Falls after Barclays downgrades rating, cuts PT

** BioXcel Therapeutics Inc (BTAI.O) : up 1.7%

BUZZ - Rises on FDA’s ‘fast track’ tag for prostate cancer therapy

** Babcock & Wilcox Enterprises Inc (BW.N) : up 6.2%

BUZZ - Rises after unit awarded $13-mln contract

** CymaBay Therapeutics Inc (CBAY.O) : up 24.9%

BUZZ - Rises on $4.3 bln buyout deal by Gilead

** Lowe’s Companies Inc (LOW.N) : up 3.6%

BUZZ - Rises as J.P.Morgan upgrades stock, hikes PT

** Tonix Pharmaceuticals Holdings Corp (TNXP.O) : up 15.4%

BUZZ - Rises on FDA nod to human trials for PTSD drug

** Bit Digital Inc (BTBT.N) : up 5.1%

BUZZ - Rises on plans to double Bitcoin mining fleet

** Snap Inc (SNAP.N) : up 6.9%

BUZZ - Rises after entering into repurchase agreements

** Caterpillar Inc (CAT.N) : up 1.6%

BUZZ - Citi raises Caterpillar PT on stronger-than-expected margins

** Rio Tinto PLC (RIO.N) : up 0.3%

** BHP Group Ltd (BHP.N) : up 0.7%

** Southern Copper Corp (SCCO.N) : up 1.4%

BUZZ - Copper miners rise as markets await key US inflation data

** Syra Health Corp (SYRA.O) : up 14.4%

BUZZ - Rises on healthcare contract in Virginia

** Beamr Imaging Ltd (BMR.O) : up 936.0%

BUZZ - Hits all-time high after announcing joint research with Nvidia

** VF Corp (VFC.N) : up 15.4%

BUZZ - Rises on report activist investor gains support of co’s heirs

** Bitfarms Ltd (BITF.O) : up 12.7%

** Riot Platforms Inc (RIOT.O) : up 9.7%

** Marathon Digital Holdings Inc (MARA.O) : up 11.8%

BUZZ - Crypto stocks jump as bitcoin surpasses $50,000

** Hershey Co (HSY.N) : down 0.7%

BUZZ - Falls after Morgan Stanley downgrade to “underweight”

** 3M Co (MMM.N) : up 2.2%

BUZZ - J.P. Morgan raises 3M PT on cost savings

** Arm Holdings PLC (ARM.O) : up 20.9%

BUZZ - Shares more than triple since IPO

** Nvidia Corp (NVDA.O) : up 0.6%

BUZZ - Briefly surpasses Amazon in market value

** Coinbase Global Inc (COIN.O) : up 3.8%

BUZZ - Techs grow more bullish

** Wells Fargo & Co (WFC.N) : up 1.9%

** Goldman Sachs Group Inc (GS.N) : up 2.9%

** Bank of America Corp (BAC.N) : up 2.2%

BUZZ - US banks extend gains as NYCB steadies after sell-off

** Perpetua Resources Corp (PPTA.O) : up 7.6%

BUZZ - Up as its unit receives additional funding

** Monday.com Ltd (MNDY.O) : down 9.9%

BUZZ - Shares have rough start to the week after report, guidance

** General Electric Co (GE.N) : up 0.7%

BUZZ - Deutsche Bank raises PT on General Electric

** SiriusXM Holdings Inc (SIRI.O) : up 2.4%

BUZZ - Gains on job cut plans

The 11 major S&P 500 sectors:

Communication Services (.SPLRCL) up 0.54%

Consumer Discretionary (.SPLRCD) up 0.04%

Consumer Staples (.SPLRCS) up 0.55%

Energy (.SPNY) up 1.16%

Financial (.SPSY) up 0.76%

Health (.SPXHC) down 0.02%

Industrial (.SPLRCI) up 0.28%

Information Technology (.SPLRCT) down 0.20%

Materials (.SPLRCM) up 1.14%

Real Estate (.SPLRCR) down 0.12%

Utilities (.SPLRCU) up 1.03%