US close: Wall Street slightly higher on relatively quiet day
Wall Street finished slightly higher on Wednesday - a light day in terms of economic data.
Dow Jones I.A.
38,085.80
04:30 15/10/20
Nasdaq 100
17,430.50
12:15 25/04/24
The Dow Jones Industrial Average eked out gains of 0.03% to 23,563.36, the S&P 500 was up 0.14% at 2,594.38, and the Nasdaq 100 ended the session 0.4% firmer at 6,345.81.
“There are ongoing worries that Donald Trump’s tax proposals could be held up,” noted David Madden at CMC Markets earlier.
“The prospect of a pro-business tax regime has been a factor in the bullish run that US stocks have been enjoying lately, and the talk of a delay has taken some heat out of the market."
In corporate news, Snapchat parent Snap plunged 14.62% on the back of disappointing results late on Tuesday, despite reports that Chinese internet company Tencent had taken a 10% stake in the firm.
Health insurer Humana was also moving lower, finishing down 5.04% a day after it lifted its adjusted earnings guidance for 2017 and announced plans to cut around 6% of its workforce.
Going the other way, Take Two Interactive Software rocketed ahead 10.58% after the video games distributor's second-quarter revenue beat estimates and it lifted its full-year forecast for adjusted revenues.
Shares in biotechnology group Regeneron settled 2.67% higher after it posted a better-than-expected quarterly profit earlier on Wednesday.
Stock in LendingClub was off 15.93% after the company said it expected to report a fourth-quarter loss, while Fossil Group shares plunged 17.23% in the wake of its third-quarter earnings on Tuesday.
Market Movers
FTSE 100 (UKX) 7,529.72 0.22%
FTSE 250 (MCX) 20,300.22 -0.03%
techMARK (TASX) 3,508.31 -0.35%
FTSE 100 - Risers
CRH (CRH) 2,761.00p 2.34%
Mondi (MNDI) 1,845.00p 2.33%
Centrica (CNA) 172.50p 2.13%
Mediclinic International (MDC) 606.50p 2.10%
Imperial Brands (IMB) 3,162.50p 2.02%
ITV (ITV) 161.40p 1.96%
Paddy Power Betfair (PPB) 8,500.00p 1.74%
Marks & Spencer Group (MKS) 333.10p 1.62%
Fresnillo (FRES) 1,310.00p 1.55%
Standard Chartered (STAN) 734.00p 1.54%
FTSE 100 - Fallers
NMC Health (NMC) 3,056.00p -4.38%
Persimmon (PSN) 2,772.00p -3.55%
Associated British Foods (ABF) 3,105.00p -3.51%
easyJet (EZJ) 1,262.00p -3.30%
Barratt Developments (BDEV) 636.00p -2.53%
G4S (GFS) 260.50p -2.25%
Shire Plc (SHP) 3,613.00p -2.22%
Taylor Wimpey (TW.) 197.50p -1.84%
Rolls-Royce Holdings (RR.) 959.50p -1.69%
BAE Systems (BA.) 570.00p -1.55%
FTSE 250 - Risers
Workspace Group (WKP) 959.50p 5.91%
Kaz Minerals (KAZ) 835.00p 3.66%
Hochschild Mining (HOC) 232.80p 3.56%
OneSavings Bank (OSB) 409.10p 2.92%
Auto Trader Group (AUTO) 352.30p 2.86%
Millennium & Copthorne Hotels (MLC) 625.50p 2.54%
Go-Ahead Group (GOG) 1,787.00p 2.52%
Intu Properties (INTU) 214.00p 2.49%
Morgan Advanced Materials (MGAM) 325.50p 2.16%
Pets at Home Group (PETS) 187.50p 2.12%
FTSE 250 - Fallers
Wizz Air Holdings (WIZZ) 3,024.00p -9.33%
Sanne Group (SNN) 743.50p -3.13%
Rank Group (RNK) 227.50p -3.03%
Vesuvius (VSVS) 574.50p -2.63%
Ocado Group (OCDO) 264.00p -2.62%
Dixons Carphone (DC.) 152.50p -2.62%
Coats Group (COA) 85.00p -2.47%
QinetiQ Group (QQ.) 234.10p -2.21%
Cobham (COB) 132.80p -2.21%
Crest Nicholson Holdings (CRST) 545.00p -2.15%
S&P 500 - Risers
Macerich Co (MAC) $58.85 8.58%
Tenet Healthcare Corp. (THC) $13.62 7.67%
Activision Blizzard Inc. (ATVI) $64.55 5.89%
H&R Block Inc. (HRB) $25.25 5.12%
Coca-Cola European Partners Limited (CCE) $39.53 4.33%
TripAdvisor Inc. (TRIP) $31.66 4.32%
Lennar Corp. Class A (LEN) $58.56 4.30%
TEGNA Inc (TGNA) $12.29 4.15%
Diamond Offshore Drilling Inc. (DO) $17.36 3.89%
McKesson Corp. (MCK) $140.35 3.80%
S&P 500 - Fallers
Mallinckrodt Plc Ordinary Shares (MNK) $19.98 -35.92%
DaVita Inc (DVA) $54.34 -7.84%
Csra Inc. (CSRA) $29.55 -6.84%
Time Warner Inc. (TWX) $88.28 -6.54%
Chesapeake Energy Corp. (CHK) $3.98 -5.02%
Humana Inc. (HUM) $243.37 -5.01%
M&T Bank Corp. (MTB) $161.22 -4.44%
Kohls Corp. (KSS) $40.78 -4.29%
SunTrust Banks Inc. (STI) $57.61 -4.22%
US Bancorp (USB) $52.69 -3.96%
Nasdaq 100 - Risers
Activision Blizzard Inc. (ATVI) $64.55 5.89%
Regeneron Pharmaceuticals Inc. (REGN) $415.17 2.67%
Align Technology Inc. (ALGN) $252.74 2.55%
Tractor Supply Company (TSCO) $60.64 2.54%
NetEase Inc. Ads (NTES) $314.18 2.48%
Electronic Arts Inc. (EA) $114.15 2.19%
QUALCOMM Inc. (QCOM) $65.49 2.17%
Kraft Heinz Co. (KHC) $79.58 1.79%
Skyworks Solutions Inc. (SWKS) $113.15 1.76%
Adobe Systems Inc. (ADBE) $184.06 1.76%
Nasdaq 100 - Fallers
Incyte Corp. (INCY) $104.98 -2.92%
Liberty Global plc Series C (LBTYK) $28.83 -2.86%
Dish Network Corp. (DISH) $48.73 -2.68%
Vertex Pharmaceuticals Inc. (VRTX) $147.40 -2.58%
Liberty Global plc Series A (LBTYA) $29.80 -2.42%
Shire Plc Ads (SHPG) $141.31 -2.34%
J.B. Hunt Transport Services Inc. (JBHT) $104.36 -2.15%
Mercadolibre Inc. (MELI) $260.10 -2.08%
Viacom Inc. Class B (VIAB) $24.30 -1.94%
Liberty Interactive Corporation - Series A Liberty Ventures (LVNTA) $56.36 -1.88%