Amgen drags Dow lower in Wednesday trading
Shares of biotech firm Amgen were trading more than 4% lower on Thursday, making the stock the biggest laggard in the Dow Jones Industrial Average. The 30-stock index was down nearly 0.6% in early afternoon trading.
Stocks making the biggest moves midday
33 stocks in the S&P 500 hit new 52-week highs
Nvidia market cap goes back above $3 trillion
Wednesday’s 3% gain put Nvidia’s market cap back above $3 trillion. If shares close at these levels, it will be the first time since Aug. 28 that the chipmaker’s value finishes a session above $3 trillion.
— Fred Imbert
Flutter Entertainment unveils $5 billion share buyback, shares surge
— Sean Conlon
General Motors slips following Morgan Stanley downgrade
Automaker General Motors slipped more than 6% on Wednesday after Morgan Stanley downgraded the stock to underweight from equal weight.