BUZZ-U.S. STOCKS ON THE MOVE-Citigroup, U.S. homebuilders, dollar stores
(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 fell in midday trading Thursday, putting them on track for a fifth day of losses as bank results disappointed and investors focused on concerns about the effect of global weakness on U.S. earnings. The Dow Jones industrial average was down 0.32 percent at 17,371.83, the S&P 500 was down 0.51 percent at 2,001.08 and the Nasdaq Composite was down 1 percent at 4,593.15.
** NOVARTIS AG , $100.472, +3.78 pct
** ABB LTD , $20, +2.56 pct
** LOGITECH INTERNATIONAL SA , $13.87, +4.68 pct
** MOVADO GROUP INC, $23.18, -12.50 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...