BUZZ-U.S. STOCKS ON THE MOVE-Target, Citigroup, BSD Medical, Insulet
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U.S. stocks fell in choppy trading on Thursday, as investors wrestled with the ramifications with a move by the Swiss National Bank to scrap its three-year euro cap on the franc. The Dow Jones industrial average was down 0.25 percent at 17,384.02, the S&P 500 was down 0.41 percent at 2,003.08 and the Nasdaq Composite was down 0.66 percent at 4,608.79.
** NOVARTIS AG , $99.93, +3.22 pct
** ABB LTD , $19.94, +2.26 pct
** LOGITECH INTERNATIONAL SA , $13.85, +4.53 pct
** MOVADO GROUP INC, $23.23, -12.31 pct
Swiss companies' U.S.-listed shares rise after the franc jumps against the dollar.
The Swiss National Bank (SNB) unexpectedly scraped the euro cap, sending the franc soaring against the euro and the dollar. Continued...