U.S. STOCKS ON THE MOVE-Big Banks, PepsiCo, Tesla, Amneal Pharma, Homebuliders

The Day Ahead newsletter:

The Morning News Call newsletter:

The benchmark S&P 500 briefly crossed the 3,000 points mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell bolstered the case for an interest rate cut later this month.

At 1307 ET, the Dow Jones Industrial Average was up 0.35% at 26,876.54. The S&P 500 was up 0.49% at 2,994.24 and the Nasdaq Composite was up 0.69% at 8,198.106.

The top three S&P 500 percentage gainers:

** DaVita Inc <DVA.N>, up 4.2%

** Western Digital Corp <WDC.O>, up 4.2%

** Align Technology Inc, up 4.2%

The top three S&P 500 percentage losers:

** Unum Group, down 4.5%

** Hanesbrands Inc <HBI.N>, down 3.4%

** Mylan NV <MYL.O>, down 3.2%

The top NYSE percentage gainers:

** McDermott International Inc <MDR.N>, up 12.9%

The 11 major S&P 500 sectors:

Communication Services

up 0.78%

Consumer Discretionary

up 0.40%

Consumer Staples

up 0.69%


up 1.06%


down 0.18%


up 0.44%


up 0.04%

Information Technology

up 0.85%


up 0.19%

Real Estate

up 0.57%


up 0.50%

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.