--- title: "BUZZ-U.S. STOCKS ON THE MOVE-Avery Dennison, Snap-On, Avadel Pharma" description: "Wall Street saw gains on Thursday, with the S&P 500 and Dow reaching intraday record highs, driven by TSMC’s positive forecast and strong retail sales. Notable stock movements included Snap-On Inc up " type: "news" locale: "en" url: "https://longbridge.com/en/news/217136419.md" published_at: "2024-10-17T16:01:22.000Z" --- # BUZZ-U.S. STOCKS ON THE MOVE-Avery Dennison, Snap-On, Avadel Pharma > Wall Street saw gains on Thursday, with the S&P 500 and Dow reaching intraday record highs, driven by TSMC’s positive forecast and strong retail sales. Notable stock movements included Snap-On Inc up 8.6%, Elevance Health down 12.7%, and Avery Dennison up 0.9% after a BofA upgrade. The Dow was up 0.4%, S&P 500 up 0.29%, and Nasdaq up 0.36%. Eikon search string for individual stock moves: (STXBZ) The Day Ahead newsletter: here The Morning News Call newsletter: here Wall Street gained on Thursday, with the S&P 500 and the Dow touching intraday record highs, driven by TSMC’s upbeat forecast and a bigger-than-expected rise in monthly retail sales indicating a strong U.S. consumer. (.N) At 11:32 ET, the Dow Jones Industrial Average (.DJI) was up 0.4% at 43,238.32. The S&P 500 (.SPX) was up 0.29% at 5,859.7 and the Nasdaq Composite (.IXIC) was up 0.36% at 18,432.436. The top three S&P 500 (.PG.INX) percentage gainers: Snap-On Inc (SNA.N) , up 8.6% The Travelers Companies (TRV.N) , up 7.5% Blackstone (BX.N) , up 5.2% The top three S&P 500 (.PL.INX) percentage losers: Elevance Health (ELV.N) , down 12.7% Molina Healthcare (MOH.N) , down 12% Centene (CNC.N) , down 9.2% The top NYSE (.PG.N) percentage gainer: 1847 Holdings (EFSH.N) , up 70.3% The top two NYSE (.PL.N) percentage losers: Elevance Health (ELV.N) , down 12.7% Molina Healthcare (MOH.N) , down 12% The top three Nasdaq (.PG.O) percentage gainers: Staffing 360 Solutions (STAF.O) , up 151.9% Oriental Rise Holdings (ORIS.O) , up 113.1% Nixxy (NIXX.O) , up 111.4% The top three Nasdaq (.PL.O) percentage losers: 180 Life Sciences (ATNF.O) , down 38.5% AGBA Group Holding (ILLR.O) , down 32.6% Versus Systems (VS.O) , down 31.1% Rentokil Initial PLC (RTO.N) : up 7.2% BUZZ - Tops FTSE 100 on expanding North America growth initiatives Expedia Group Inc (EXPE.O) : up 3.9% BUZZ - Gains on report of Uber considering buyout of travel tech firm Lucid Group Inc (LCID.O) : down 15.4% BUZZ - Slumps on stock sale, forecast of larger-than-expected Q3 loss Meta Platforms Inc (META.O) : up 0.4% BUZZ - Edges higher on reports of layoffs, TD Cowen’s PT hike CSX Corp (CSX.O) : down 5.1% BUZZ - Falls after weak Q3 results Apple Inc (AAPL.O) : up 0.3% Nvidia Corp (NVDA.O) : up 2.8% Broadcom Inc (AVGO.O) : up 4.1% Intel Corp (INTC.O) : up 1.2% BUZZ - US chip stocks rise after TSMC’s strong Q3 results Elevance Health Inc (ELV.N) : down 12.7% BUZZ - Slumps on ‘perfect storm of underperformance’, drags down rivals Capricor Therapeutics Inc (CAPR.O) : down 5.2% BUZZ - Falls on pricing $75 mln stock offering Gritstone bio Inc (GRTS.O) : down 10.2% BUZZ - Falls after reducing workforce Blackstone Inc (BX.N) : up 5.2% BUZZ - Rises as Q3 profit exceeds Wall St expectations Calumet Inc (CLMT.O) : up 5.1% Gevo Inc (GEVO.O) : up 12.9% BUZZ - Shares rise after US offers conditional loan guarantees Travelers Companies Inc (TRV.N) : up 7.5% BUZZ - Rises after Q3 profit soars ShiftPixy Inc (PIXY.O) : up 84.5% BUZZ - More than triples on $150 mln deal for AI firm TurboScale Danaher Corp (DHR.N) : up 2.3% Thermo Fisher Scientific Inc (TMO.N) : up 2.4% BUZZ - US life sciences firms get lift from Sartorius’ results Uranium Energy Corp (UEC.N) : up 6.2% BUZZ - Rises on US regulator approval of production boost at Wyoming plant Starbucks Corp (SBUX.O) : up 0.4% BUZZ - Brokerage BTIG raises Starbucks’ PT ahead of Q4 results Zuora Inc (ZUO.N) : up 6.2% BUZZ - Rises as Silver Lake, GIC to take company private in $1.7 bln deal Equifax Inc (EFX.N) : down 2.7% BUZZ - Drops after soft 2024 guidance Affirm Holdings Inc (AFRM.O) : down 8.0% BUZZ - Slips as Apple offers Klarna’s flexible payment options on Apple Pay Kezar Life Sciences Inc (KZR.O) : down 8.5% BUZZ - Falls on terminating mid-stage lupus drug trial Steel Dynamics Inc (STLD.O) : up 4.7% BUZZ - Rises after beating Q3 profit estimates Avery Dennison Corp (AVY.N) : up 0.9% BUZZ - Rises after BofA upgrades to “buy”, lifts PT Snap-On Inc (SNA.N) : up 8.6% BUZZ - Rises after Q3 profit beat Xerox Holdings Inc (XRX.O) : up 2.8% BUZZ - Up on deal to buy ITsavvy for $400 million Sage Therapeutics Inc (SAGE.O) : down 2.7% BUZZ - To lay off more than half of R&D team, shares fall M&T Bank Corp (MTB.N) : up 4.2% BUZZ - Rises on higher third-quarter profit Netflix Inc (NFLX.O) : down 1.1% BUZZ - Falls ahead of Q3 results, investors to focus on growth strategy Avadel Pharmaceuticals Inc (AVDL.O) : up 3.1% BUZZ - Rises as FDA expands approval for sleep disorder drug Ulta Beauty Inc (ULTA.O) : down 0.3% BUZZ - Brokerages cut Ulta Beauty’s PT on slower recovery; shares fall Discover Financial Services (DFS.N) : up 1.5% BUZZ - Rises after Q3 profit surge Energous Corp (WATT.O) : up 1.8% BUZZ - Rises following new CEO appointment The 11 major S&P 500 sectors: Communication Services (.SPLRCL) down 0.21% Consumer Discretionary (.SPLRCD) down 0.10% Consumer Staples (.SPLRCS) down 0.28% Energy (.SPNY) down 0.04% Financial (.SPSY) up 0.51% Health (.SPXHC) down 0.38% Industrial (.SPLRCI) down 0.23% Information Technology (.SPLRCT) up 1.13% Materials (.SPLRCM) flat Real Estate (.SPLRCR) down 0.60% Utilities (.SPLRCU) down 0.26% ### Related Stocks - [AVY.US - Avery Dennison](https://longbridge.com/en/quote/AVY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | A Look At Avery Dennison (AVY) Valuation After Mixed Quarter And Solid Cash Generation | Avery Dennison (AVY) reported a mixed fourth quarter, with revenue slightly missing expectations but EPS guidance exceed | [Link](https://longbridge.com/en/news/276404790.md) | | Treasury's Bessent says he's optimistic on labor market | Feb 20 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Friday he is optimistic the labor market will break out | [Link](https://longbridge.com/en/news/276481230.md) | | Is ONEOK Inc Gaining or Losing Market Support? | ONEOK Inc's short interest has increased by 24.1%, with 28.78 million shares sold short, representing 5.15% of available | [Link](https://longbridge.com/en/news/276467280.md) | | Arrow Interim President and CEO William F. 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