BUZZ-U.S. STOCKS ON THE MOVE-Starbucks, Resideo Technologies, Mercury Systems

Reuters
2025.08.12 15:48
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U.S. stocks saw modest gains on Tuesday, with the Dow Jones up 0.97%, S&P 500 up 0.76%, and Nasdaq up 0.88%, following inflation data that aligns with expectations for a potential interest rate cut. Notable stock movements included Resideo Technologies rising after an upgrade to 'overweight' by Morgan Stanley, and Starbucks gaining after a similar upgrade by Baird Equity Research. Other significant gainers included Microchip Technology and United Airlines, while Cardinal Health and BigBear.ai saw declines after disappointing earnings reports.