U.S. STOCKS Fat Brands, Spotify, Uber Tech

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U.S. stock indexes edged lower on Monday as investors awaited Federal Reserve Chair Jerome Powell's speech for clues on when the central bank would start cutting interest rates. .N

At 13:31 ET, the Dow Jones Industrial Average .DJI was down 0.13% at 33,880.94. The S&P 500 .SPX was down 0.64% at 4,110.01 and the Nasdaq Composite .IXIC was down 0.95% at 11,892.525.

The top three S&P 500 .PG.INX percentage gainers:
** Catalent Inc CTLT.N, up 20%
** Humana Inc HUM.N, up 2.9%
** Gilead Sciences Inc GILD.O, up 2.7%

The top three S&P 500 .PL.INX percentage losers:
** VF Corp VFC.N, down 5.6%
** DXC Technology Co DXC.N, down 5%
** Tyson Foods Inc TSN.N, down 4.7%

The top two NYSE .PG.N percentage gainers:
** Lanvin Group Holdings Ltd LANV.N, up 13.2%
** Life Storage Inc LSI.N, up 12.2%

The top three NYSE .PL.N percentage losers:
** Nordstrom Inc JWN.N, down 12.3%
** Nerdy Inc NRDY.N, down 10.8%
** Gaotu Techedu Inc GOTU.N, down 10.2%

The top three Nasdaq .PG.O percentage gainers:
** Secoo Holding Ltd SECO.O, up 126.2%
** Cardio Diagnostics Holdings Inc CDIO.O, up 100%
** Kalera Plc KAL.O, up 40.3%

The top three Nasdaq .PL.O percentage losers:
** ReShape Lifesciences Inc RSLS.O, down 57.9%
** PONO Capital Corp AWIN.O, down 48.4%
** Semler Scientific Inc SMLR.O, down 37.3%

** Catalent Inc CTLT.N: up 20.0%
BUZZ - Jumps on report of buyout interest from Danaher nL4N34M24L

** Tesla Inc TSLA.O: up 2.1%
BUZZ - Rises as Musk found not guilty in case over 'take-private' tweet nL4N34M27G

** Newmont Corp NEM.N: down 4.7%
BUZZ - Falls as doubts emerge over Newcrest bid nL4N34M2DZ

** Alibaba Group Holding Ltd BABA.N: down 0.6%

** JD.com Inc JD.O: down 1.8%

** Pinduoduo Inc PDD.O: down 2.7%

** Gaotu Techedu Inc GOTU.N: down 10.2%
BUZZ - China ADRs slip on strained U.S.-China ties over suspected spy balloon nL4N34M2EF

** Dell Technologies Inc DELL.N: down 2.7%
BUZZ - Falls, co to cut about 6,650 jobs amid PC slump nL4N34M349

** Children's Place Inc PLCE.O: down 3.8%
BUZZ - Slumps on switching Q4 forecast to a loss nL4N34M2I5

** Lyft Inc LYFT.O: down 1.1%
BUZZ - Falls after top analyst downgrades stock ahead of earnings nL4N34M2I6

** General Dynamics Corp GD.N: up 0.7%

** Northrop Grumman Corp NOC.N: up 2.1%
BUZZ - Credit Suisse positive on aerospace, defense sector over strong outlook nL4N34M2FC

** Tyson Foods Inc TSN.N: down 4.7%
BUZZ - Falls after Q1 results miss estimates nL4N34M2MK

** RedHill Biopharma Ltd RDHL.O: up 9.9%
BUZZ - Up after selling constipation drug rights to clear debt nL4N34M2N2

** Corsair Gaming Inc CRSR.O: down 4.2%
BUZZ - Wedbush bearish on Corsair Gaming in near-term, downgrades to 'neutral' nL4N34M2O3

** Datadog Inc DDOG.O: down 2.2%
BUZZ - Falls as KeyBanc downgrades to 'sector weight' on slower cloud spending nL4N34M2NA

** RH RH.N: down 7.1%
BUZZ - Falls after EPS restatement due to calculation error nL1N34M0V6

** Context Therapeutics Inc CNTX.O: up 6.4%
BUZZ - Up on uterus cancer drug trial data nL4N34M2R6

** Acutus Medical Inc AFIB.O: up 2.5%
BUZZ - Rises as heart device shows promise in study nL4N34M2RQ

** Durect Corp DRRX.O: down 8.0%
BUZZ - Falls on raising going concern doubts nL4N34M2OT

** Vinco Ventures Inc BBIG.O: up 15.9%
BUZZ - Rises on buying more print, digital media assets through JV nL4N34M2SF

** Splunk Inc SPLK.O: up 0.4%
BUZZ - Gains on KeyBanc rating upgrade nL4N34M2SK

** CorEnergy Infrastructure Trust Inc CORR.N: down 13.0%
BUZZ - Falls on suspending dividend payments nL4N34M2T9

** ReShape Lifesciences Inc RSLS.O: down 57.9%

BUZZ - Plunges on deep-discounted equity offering nL1N34M0ZO

** IDEXX Laboratories Inc IDXX.O: up 2.0%

BUZZ - Rises on Q4 profit beat nL4N34M2UC

** Carlyle Group Inc CG.O: down 2.7%

BUZZ - Drops in weak market after naming new CEO nL4N34M360

** Apple Inc AAPL.O: down 1.7%

BUZZ - Top buyers cut spending on chips last year - Gartner nL4N34M2V4

** Energizer Holdings Inc ENR.N: down 6.7%

BUZZ - Falls on Q1 earnings miss nL4N34M35E

** Viridian Therapeutics Inc VRDN.O: down 1.3%

BUZZ - Falls on CEO transition nL4N34M2W0

** Canoo Inc GOEV.O: down 11.6%

BUZZ - Skids on direct stock deal nL1N34M12U

** PayPal Holdings Inc PYPL.O: down 3.2%

BUZZ - Falls as Raymond James cuts rating on branded checkout weakness nL4N34M2W4

** Pinterest Inc PINS.N: up 0.9%

BUZZ - Gains ahead of Q4 results nL4N34M2UV

** C3.ai Inc AI.N: up 2.7%

** BigBear.ai Holdings Inc BBAI.N: up 7.7%

** SoundHound AI SOUN.O: up 22.0%

BUZZ - AI stocks draw retail attention, shares jump nL4N34M2XA

** Opiant Pharmaceuticals Inc OPNT.O: up 4.0%

BUZZ - Rises as waiting period for Indivior deal expires nL4N34M30D

** Spotify Technology SA SPOT.N: up 1.4%

BUZZ - Gains as Wells Fargo upgrades rating, raises PT nL4N34M2ZM

** Fat Brands Inc FAT.O: up 3.6%

BUZZ - Jumps on adding 362 more store to development pipeline nL4N34M31S

** Omeros Corp OMER.O: up 35.9%

BUZZ - Gains on $200 mln milestone payment from Rayner Surgical nL4N34M2YK

** Hayward Holdings Inc HAYW.N: down 3.9%

** Pool Corp POOL.O: down 4.0%

BUZZ - Pool equipment suppliers plunge as Stifel moves to sidelines nL4N34M32I

** Seagen Inc SGEN.N: down 0.8%

BUZZ - SVB Securities cuts Seagen's rating on duration concerns of cancer drug nL4N34M2YE

** SenesTech Inc SNES.O: up 11.6%

BUZZ - Rises on general use approval of rat contraceptive in New York state nL4N34M32X

** ServiceNow Inc NOW.N: down 3.3%

BUZZ - Down after CEO sells about $25 mln worth of shares nL4N34M34U

** Black Stone Minerals LP BSM.N: down 1.6%

** Antero Resources Corp AR.N: down 4.9%

** Southwestern Energy Co SWN.N: down 5.0%

** Coterra Energy Inc CTRA.N: down 2.4%

BUZZ - Raymond James downgrades U.S. natgas cos on bearish sector outlook nL4N34M2U8

** Mesa Laboratories Inc MLAB.O: down 6.5%

BUZZ - Down on lower-than-estimated Q3 earnings nL4N34M35B

** Alvotech SA ALVO.O: up 3.6%

BUZZ - Up on deal to commercialize Novartis' biosimilar asthma drug nL4N34M37I

** Chevron Corp CVX.N: down 0.4%

** Exxon Mobil Corp XOM.N: down 0.1%

** EOG Resources Inc EOG.N: down 0.9%

** Phillips 66 PSX.N: down 1.2%

BUZZ - Energy firms fall on firmer dollar, recession woes nL4N34M39Z

** Freeport-McMoRan Inc FCX.N: down 0.6%

** Southern Copper Corp SCCO.N: down 1.5%

** Rio Tinto Ltd RIO.N: down 1.3%

** BHP Group Ltd BHP.N: down 1.7%

BUZZ - Copper miners fall on demand worries, stronger dollar nL4N34M3AP

** Uber Technologies Inc UBER.N: up 1.6%

BUZZ - Gains as Wedbush expects 'next gear of growth' in 2023 nL4N34M31C

** Timken Co TKR.N: down 5.5%

BUZZ - Shares eye worst day in two years after 'light' FY23 sales forecast nL4N34M3BD

** New Fortress Energy Inc NFE.O: down 2.5%

BUZZ - Sells stake in Hilli LNG facility, shares fall nL4N34I3I8

** Daseke Inc DSKE.O: up 9.7%

BUZZ - Jumps on upbeat Q4 results nL4N34M3GR

The 11 major S&P 500 sectors:

Communication Services


down 1.34%

Consumer Discretionary


down 0.27%

Consumer Staples


up 0.01%



down 0.57%



down 0.29%



down 0.20%



down 0.25%

Information Technology


down 1.19%



down 1.15%

Real Estate


down 1.19%



down 0.16%

(Compiled by Rajarshi Roy and Anne Florentyna Gnanaraja Sekar in Bengaluru)


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