Advertisement
UK markets close in 5 hours 1 minute
  • FTSE 100

    8,088.64
    +48.26 (+0.60%)
     
  • FTSE 250

    19,719.32
    -0.05 (-0.00%)
     
  • AIM

    755.44
    +0.75 (+0.10%)
     
  • GBP/EUR

    1.1668
    +0.0023 (+0.20%)
     
  • GBP/USD

    1.2518
    +0.0056 (+0.45%)
     
  • Bitcoin GBP

    50,735.02
    -2,291.41 (-4.32%)
     
  • CMC Crypto 200

    1,354.79
    -27.78 (-2.01%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    82.84
    +0.03 (+0.04%)
     
  • GOLD FUTURES

    2,337.20
    -1.20 (-0.05%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,973.14
    -115.56 (-0.64%)
     
  • CAC 40

    8,035.59
    -56.27 (-0.70%)
     

BUZZ-U.S. STOCKS ON THE MOVE-Bank stocks, tech stocks, AGL, ChinaCache

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S (Other OTC: UBGXF - news) . stock indexes were down on Monday. The Dow Jones industrial average was down 2.47 percent at 16,053.11, the S&P 500 was down 2.62 percent at 1,919.3 and the Nasdaq Composite was down 2.67 percent at 4,580.30.

** BANK OF AMERICA CORP, $15.6, -3.11 pct

** CITIGROUP INC (NYSE: C - news) , $51.335, -4.23 pct

** MORGAN STANLEY (Xetra: 885836 - news) , $32.7, -4.41 pct

ADVERTISEMENT

** JPMORGAN CHASE & CO (Xetra: 850628 - news) , $61.32, -3.58 pct

** GOLDMAN SACHS GROUP INC, $182.91, -2.57 pct

** WELLS FARGO (Hanover: NWT.HA - news) & CO, $52.01, -3.63 pct

U.S. bank stocks continued to slide after last week's Fed minutes suggested the central bank may not raise interest rates in September due to international developments, including weaker yuan.

Traders now see a 24 percent chance that Fed will increase rates in September, down from 30 percent late on Friday and 46 percent a week earlier, according to Tullett Prebon (LSE: TLPR.L - news) data.

** APPLE INC (NasdaqGS: AAPL - news) , $105.75, -0.01 pct

** NETFLIX INC (Xetra: 552484 - news) , $99.845, -3.96 pct

** GENERAL MOTORS CO, $28.06, -5.20 pct

** TESLA MOTORS INC (Xetra: A1CX3T - news) , $223.19, -3.28 pct

** CATERPILLAR INC (NYSE: CAT - news) , $73.59, -1.88 pct

** UNITED STATES STEEL CORP (NYSE: X - news) , $15.53, -2.39 pct

** ALCOA INC (NYSE: AA - news) , $8.24, -5.61 pct

** TRINA SOLAR LTD, $8.09, -1.94 pct

** YUM BRANDS (Swiss: YUM.SW - news) , $77.435, -2.84 pct

** MASTERCARD INC, $88.84, -2.03 pct

Shares (Berlin: DI6.BE - news) of U.S. companies fell at the open on China worries, though a handful of tech stocks were fighting against the broadly weak market.

** ALIBABA GROUP HOLDING LTD, $64.76, -5.02 pct

** JD.COM INC, $24.33, -2.87 pct

** BAIDU INC (Xetra: A0F5DE - news) , $140.45, -8.15 pct

** SINA CORP, $34.29, -5.38 pct

** YOUKU TUDOU (NYSE: YOKU - news) , $15.69, -6.66 pct

** YY INC (Xetra: A1J6W3 - news) , $55.2, -6.79 pct

** CHINA DANGDANG, $6.06, -8.46 pct

** JUMEI INTERNATIONAL HOLDING, $9.56, -18.71 pct

U.S.-listed shares of Chinese technology companies fell after Chinese indexes post their biggest one-day percentage losses since the height of the financial crisis.

** EXXON MOBIL CORP, $70, -2.95 pct

** CONOCOPHILLIPS (NYSE: COP - news) , $43.25, -4.71 pct

** CHEVRON CORP, $73.38, -3.14 pct

Oil prices fell more than 6 percent to fresh 6-1/2-year lows as markets worried about a China-led global economic slowdown that would drastically hit oil consumption at a time of plentiful supply.

S&P 500 oil & gas, oilfield services companies have already lost about $310 billion in market value this year.

** GLAXOSMITHKLINE PLC (Other OTC: GLAXF - news) , $1,282, -3.21 pct

** MERCK (Jakarta: 28586808.JK - news) & CO, $54.25, -2.73 pct

** JOHNSON & JOHNSON (NYSE: JNJ - news) , $92.52, -3.18 pct

** BIOGEN INC (NasdaqGS: BIIB - news) , $289.45, -2.09 pct

** CELGENE CORP (Swiss: CELG.SW - news) , $116.393, -2.23 pct

** ELI LILLY & CO (Hanover: LLY.HA - news) , $81.57, -3.50 pct

** BRISTOL-MYERS SQUIBB CO, $59.56, -2.47 pct

** PFIZER INC (NYSE: PFE - news) , $32.51 -3.07 pct

** AMGEN INC (HKSE: 4332.HK - news) , $150.8 -2.83 pct

** GILEAD SCIENCES INC (NasdaqGS: GILD - news) , $102.55 -2.64 pct

The S&P 500 Healthcare sector index declined 3 percent to 801.97, Nasdaq Biotechnology index fell nearly 4 percent at 3436.71

** AGL RESOURCES INC (NYSE: GAS - news) , $61.96, +29.46 pct

** SOUTHERN CO, $44.35, -3.17 pct

Power producer Southern said it would buy AGL Resources for about $8 billion in cash to become the No. 2 U.S. utility by customers after Exelon Corp.

** VITAL THERAPIES INC (NasdaqGS: VTL - news) , $4.4701, -74.72 pct

The drug developer said it would stop two ongoing trials testing its cell-therapy, ELAD, after it failed a late-stage study in liver failure patients.

** CHINACACHE INTERNATIONAL HOLDINGS LTD, $6.2, +10.91 pct

The China-based network service provider plans to buy back up to $6 million worth of outstanding ADSs over the next 12 months. This is in addition to ChinaCache's existing $10 million share buyback.

** EXELIXIS INC (NasdaqGS: EXEL - news) , $5.309, +1.12 pct

The U.S. FDA grants the drugmaker's lead drug, cabozantinib, "breakthrough therapy" status to treat patients with the most common form of kidney cancer.