U.S. STOCKS ON THE MOVE-Qualcomm, PepsiCo, Sprint, BNY Mellon

The Day Ahead newsletter:

The Morning News Call newsletter:

U.S. stocks headed lower on Wednesday, as a selloff in healthcare stocks extended for a second day, overshadowing a rally in chipmakers led by Qualcomm.

At 1323 ET, the Dow Jones Industrial Average was up 0.04 percent at 26,464.22. The S&P 500 was down 0.11 percent at 2,903.98 and the Nasdaq Composite was up 0.04 percent at 8,003.141.

The top three S&P 500 percentage gainers:

** Qualcomm Inc up 11.7 pct

** United Continental Holdings Inc up 4.5 pct

** CSX Corp <CSX.O> up 4.4 pct

The top three S&P 500 percentage losers:

** Bank of New York Mellon Corp down 9.2 pct

** DaVita Inc <DVA.N> down 7.3 pct

** Alexion Pharmaceuticals Inc down 6.9 pct

The top NYSE percentage gainers:

** Smart & Final Stores Inc up 20.3 pct

** Hexo Corp <HEXO.N> up 10.8 pct

The top NYSE percentage losers:

** GasLog Partners LP <GLOP.N> down 12.9 pct

** Tenet Healthcare Corp down 12.8 pct

The top three Nasdaq percentage gainers:

** Uxin Ltd up 50.3 pct

** Turning Point Therapeutics Inc <TPTX.O> up 43.1 pct

** Palomar Holdings Inc up 24.1 pct

The top three Nasdaq percentage losers:

** UP Fintech Holding Ltd <TIGR.O> down 26 pct

** eHealth Inc <EHTH.O> down 22.6 pct

** Immunic Inc down 16.3 pct

** PepsiCo Inc : up 3.5 pct

PepsiCo results beat as new CEO's ad push lifts sales

Shares tick higher on demand for snacks, low-sugar soda

Street View: Happy hours for PepsiCo investors after solid Q1 beat

** T-Mobile : down 2.1 pct

** Sprint Corp : down 5.8 pct

Sprint, T-Mobile drop on DOJ concerns about merger

** CSX Corp : up 4.4 pct

** Union Pacific Corp : up 1.0 pct

** Kansas City Southern : up 4.2 pct

Shares rise on Q1 profit beat

Railroad operators gain as CSX and Kansas City Southern top profit view

** Arconic Inc : down 3.6 pct

Slides on block trade

** Textron Inc : up 3.8 pct

Set to open at more than 1-month high after profit beat

** Future FinTech Group Inc : down 8.8 pct

Drops on delaying filing of FY18 results

** Smart & Final Stores Inc : up 20.3 pct

Set for best day in 5 months on Apollo deal

** United Continental Holdings Inc : up 4.5 pct

** Delta Air Lines Inc : up 1.1 pct

** American Airlines Group Inc : up 1.5 pct

United Airlines first-quarter profit rises, holds 2019 target

Airlines take off as United Airlines posts biggest profit beat in 2 years

** Qualcomm Inc : up 11.7 pct

Gains set to add over $25 bln in market cap since settlement with Apple

Street View: Qualcomm moves past litigations to focus on 5G dominance

** Aurora Cannabis Inc : up 1.9 pct

** Canopy Growth Corp : up 3.0 pct

Aurora Cannabis, Canopy Growth: BofA starts coverage with "buy"

** Morgan Stanley : up 2.4 pct

Morgan Stanley profit beats estimates on wealth management, lower costs

Gains after better-than-expected results

** Hollysys Automation Technologies Ltd : up 6.8 pct

Rises after pulling stock offering

** Domino's Pizza : up 3.9 pct

** Chipotle Mexican Grill : down 2.4 pct

Pizza over burritos: MS upgrades Domino's, sidelines Chipotle

Chipotle Mexican Grill: Morgan Stanley downgrades to 'equal-weight'

** Moleculin Biotech Inc : up 5.8 pct

Jumps on new data from cancer drug testing

** DPW Holdings Inc : up 5.0 pct

Soars on bright outlook

** Bank of New York Mellon Corp : down 9.2 pct

BNY Mellon profit misses estimates on lower fee revenue

Set for worst day in over 7 yrs on profit miss

** International Business Machines Corp : down 3.7 pct

Street View: IBM's story in progress, with all eyes on RHT

** Pinduoduo Inc : up 3.9 pct

Keybanc calls Pinduoduo new online disruptor, starts with 'overweight'

** Pentair Plc : down 4.3 pct

Pentair slips after biggest quarterly results miss in at least 2 years

** GasLog Partners LP : down 12.9 pct

Distribution growth running out of steam - MS

** Abbott Laboratories : down 4.3 pct

Falls on unchanged 2019 forecast

Abbott likely lost market share to Medtronic, Boston Scientific - analyst

** Hooker Furniture Corp : down 10.3 pct

Slides on Q1 sales warning

** Boston Scientific Corp : down 3.0 pct

Dips as co sees $25 mln hit to 2019 rev

** Quotient Technology Inc : up 1.7 pct

Rises on Craig-Hallum's 'buy' call

** PolyOne Corp : down 5.6 pct

Set for worst day in more than six months

** Marker Therapeutics Inc : down 3.5 pct

Falls after cancer therapy data presentation gets delayed

** Signature Bank : down 6.4 pct

Falls after quarterly report disappoints

** Uxin Inc : up 50.3 pct

Recovers from sell-off after denying brokerage allegations

** Skyworks Solutions Inc : down 2.5 pct

Falls as Macquarie steps to sidelines on Qualcomm-Apple detente

** Ionis Pharmaceuticals Inc : down 14.2 pct

Falls after partner Roche's comments on Huntington's drug

** Aphria Inc : down 4.9 pct

At 2-mnth low on debt offering plan

** Marvell Technology Group Ltd : up 4.2 pct

Rises to near 13-yr high on Citi PT hike

** CarMax : up 2.4 pct

Morgan Stanley presses accelerator on CarMax

** UnitedHealth Group Inc : down 2.7 pct

UnitedHealth: Turn for the worse on the charts

** Cars.com Inc : up 4.9 pct

Rises after update on co's strategic review

** Expedia Group Inc : down 1.1 pct

Slips on United's move to remove air fares listing

** Ideal Power Inc : up 83.2 pct

Surges on power conversion unit sale

** Mack-Cali Realty Corp : up 2.9 pct

Stifel confident of Bow Street, raises to buy

The 11 major S&P 500 sectors:

Communication Services

up 0.32 pct

Consumer Discretionary

up 0.40 pct

Consumer Staples

up 0.50 pct


up 0.46 pct


down 0.08 pct


down 2.71 pct


up 0.33 pct

Information Technology

up 0.65 pct


down 0.34 pct

Real Estate

down 0.97 pct


up 0.10 pct

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