The table below showed mixed sector moves, with S&P 500 Industrials up 1.08% and S&P 500 Energy up 0.7%, while S&P 500 Health Care fell 0.8% and S&P 500 Consumer Discretionary declined 0.69%.
Other sector moves included S&P 500 Information Technology up 0.17%, Utilities up 0.53%, Financials down 0.04%, Communication Services down 0.73%, Real Estate down 0.38%, Consumer Staples down 0.28%, and Materials up 0.09%.
Notable large-cap movers
** Intuit Inc. — shares fell after a weak annual revenue forecast.
** Zoom Communications Inc. — fell after a weak third-quarter profit forecast.
** Palantir Technologies Inc. — software sector under pressure after Intuit's outlook disappointed.
** Trupanion Inc. — Piper Sandler downgraded the stock; shares slipped.
** Spyre Therapeutics Inc. — fell after an arthritis drug missed a development target.
** Semtech Corp. — jumped after Q2 results beat estimates.
** Boston Scientific Corp. — fell after a cybersecurity incident disrupted operations.
** Donaldson Company Inc. — rose as Q4 profit topped estimates.
** Biohaven Ltd. — jumped on a SK Biopharma epilepsy licensing deal worth up to $795 million.
** Bath & Body Works Inc. — fell after it saw a wider-than-expected drop in Q3 sales.
** Meta Platforms Inc. — fell after a $16.68 billion settlement with U.S. states on social media harms.
** Neogen Corp. — gained after Piper Sandler upgraded the stock.
** Kohl's Corp. — down after second-quarter sales missed expectations.
** L3Harris Technologies Inc. — fell after Jefferies resumed coverage with a "hold" rating.
** Photronics Inc. — jumped after Q3 results beat estimates.
** The J.M. Smucker Company — rose after it projected a smaller-than-expected annual sales decline.
Other stock and sector moves
** Halliburton Co. and other oil firms fell as Iran-Oman talks revived hopes of Hormuz reopening.
** Abercrombie & Fitch Co. jumped after an upbeat sales forecast and Q2 beat.
** Movado Group Inc. rose after Q2 profit jumped.
** Gold miners fell after in-line U.S. inflation data.
** Victory Capital Holdings Inc. struck a $7 billion deal for First Eagle Investments; shares rose.
** Revolution Medicines Inc. rose after FDA approval of a pancreatic cancer drug.
** Williams-Sonoma Inc. slid after Q2 margin missed Street estimates.
** Kraft Heinz Co. rose after saying it will move its stock listing to the NYSE from Nasdaq.
** Evommune Inc. gained after Needham started coverage on the stock.
Wall Street subdued ahead of Nvidia earnings
Wall Street's main indexes were subdued on Wednesday after a key inflation reading came in hotter than expected, while investors stuck to the sidelines ahead of AI bellwether Nvidia's earnings later in the day.
At 13:30 EDT, the Dow Jones Industrial Average was down 0.18% at 53,478.81. The S&P 500 was down 0.04% at 7,673.89, and the Nasdaq Composite was down 0.19% at 26,100.41.
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