The Nasdaq Composite and the S&P 500 rose following a two-day slide, helped by a retreat in oil prices as investors held their breath for the Federal Reserve's interest rate decision on Wednesday.
At 1330 EDT, the Dow Jones Industrial Average .DJI was up 0.08% at 52,128.85. The S&P 500 .SPX was up 0.34% at 7,611.36, and the Nasdaq Composite .IXIC was up 0.68% at 26,158.61.
Sector performance
Index RIC
Index name
Percent change %
.SPX
S&P 500
0.34
.SPLRCT
S&P 500 Information Technology
0.76
.SPLRCU
S&P 500 Utilities
0.38
.SPLRCD
S&P 500 Consumer Discretionary
0.31
.SPLRCM
S&P 500 Materials
0.38
.SPLRCI
S&P 500 Industrials
0.82
.SPLRCL
S&P 500 Communication Services (Sector)
0.13
.SPSY
S&P 500 Financials
-0.53
.SPLRCR
S&P 500 Real Estate
0.35
.SPXHC
S&P 500 Health Care
0.51
.SPLRCS
S&P 500 Consumer Staples
0.22
.SPNY
S&P 500 Energy
-2.01
(Compiled by Rajarshi Roy and Anzar Mehraj in Bengaluru)
Notable stock movers
The top three S&P 500 .PG.INX percentage gainers:
Lumentum Holdings Inc. LITE.O, up 8.0%
Coherent Corp. COHR.N, up 6.1%
Axon Enterprise, Inc. AXON.O, up 5.8%
The top three S&P 500 .PL.INX percentage losers:
J.B. Hunt Transport Services, Inc. JBHT.O, down 13.0%
Diamondback Energy, Inc. FANG.O, down 7.7%
Occidental Petroleum Corp OXY.N, down 4.9%
Selected stock headlines:
Intel Corp INTC.O: Pares gains after SK Hynix says no plans confirmed on reported talks.
Beta Bionics Inc BBNX.O: Jumps after boosted $150 mln equity raise.
Axon Enterprise Inc AXON.O: Steadies after $1 bln convertible bond sale.
Huntington Bancshares Inc HBAN.O: Cuts annual net interest income growth outlook.
Arcus Biosciences Inc RCUS.N: Gains after TD Cowen starts coverage with 'buy' rating.
J.B. Hunt Transport Services Inc JBHT.O: Falls after CFO warns on Q3 profit; US trucking stocks slide.
AEVEX Corp AVEX.N: Selected for up to $92.2 million SkyRange contract; shares rise.
Meritage Homes Corp MTH.N: Falls after Truist cuts to 'hold', trims PT on major homebuilders.
American Bitcoin Corp ABTC.O: Gains; BTIG initiates coverage with 'buy'.
Expedia Group Inc EXPE.O: Morgan Stanley starts coverage on online travel agencies, sees AI as opportunity not threat.
International Business Machines Corp IBM.N: Slips in choppy trade after chip unit finalizes $1 billion award from Trump admin.
Union Pacific Corp UNP.N: UBS lifts Union Pacific rating to 'buy', sees strong volume growth.
Space Exploration Technologies Corp SPCX.O: Rises after Ark's Cathie Wood estimates $10 trillion Starship revenue by 2030.
The Hartford Insurance Group Inc HIG.N: Mizuho downgrades Hartford Insurance to 'neutral'.
Oil stocks fall as crude dips following reports of Saudi offering cargoes via Oman.
Robinhood Markets Inc HOOD.O: Slumps after crypto bill fails to advance.
AXIS Capital Holdings Ltd AXS.N: Mizuho turns cautious on P&C insurers as market begins to soften.
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