BUZZ-U.S. STOCKS ON THE MOVE-Merrimack, Datalink, Arctic Cat, CIT

Thu Oct 22, 2015 2:34pm EDT
 
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(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) The S&P 500 and the Dow rallied to nine-week highs and were poised for their best month since October 2011, on strong corporate results and cues from the European Central Bank about extending its stimulus program. The Dow Jones industrial average was up 1.48 percent at 17,422.95, the S&P 500 was up 1.31 percent at 2,045.45 and the Nasdaq Composite was up 1.18 percent at 4,897.046.

** MCDONALD'S CORP, $110.63, +7.89 pct

The company's shares hit an all-time high on Thursday after Chief Executive Steve Easterbrook said a rebound in quarterly restaurant sales showed that his turnaround plan is starting to work.

** DOW CHEMICAL CO, $49.23, +3.69 pct

The company said it would "review all options" for its agrosciences business, after the unit reported its third straight quarter of sales decline on Thursday.

** COMMUNITY HEALTH SYSTEMS, $25.65, -36.74 pct   Continued...