BUZZ-U.S. Stocks on the Move-Cliffs, Vipshop, Oplink, BlackBerry
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks opened with modest losses on Wednesday, with both the Dow and S&P 500 coming off record closing highs, as investors looked ahead to minutes from the most recent Federal Reserve policy meeting. The Dow Jones industrial average was down 0.17 percent at 17,656.93, the S&P 500 was down 0.29 percent at 2,045.8 and the Nasdaq Composite was down 0.56 percent at 4,676.195.
** CLIFFS NATURAL RESOURCES INC, $8.55, -16.26 pct
The miner said it may have to close its Bloom Lake iron ore mine in Quebec, weeks after it revealed that three "big steelmakers" were in talks to invest in the project.
** VIPSHOP HOLDINGS LTD, $21.07, -11.13 pct
The Chinese online discount retailer's fourth-quarter sales forecast failed to top analysts' estimates for the first time this financial year.
** OPLINK COMMUNICATIONS INC, $24.182, +13.80 pct Continued...