BUZZ-U.S. STOCKS ON THE MOVE-Rite Aid, GrubHub, Consol Energy
(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) Wall Street was lower on Tuesday after mixed earnings reports from major U.S. companies, weaker-than-expected data and further declines in crude oil prices. The Dow Jones industrial average was down 0.27 percent at 17,574.71, the S&P 500 was down 0.43 percent at 2,062.37 and the Nasdaq Composite was down 0.25 percent at 5,021.955.
** ALIBABA GROUP HOLDING LTD, $79.43, +4.03 pct
** YAHOO INC, $34.25, +2.54 pct
** JD.COM INC, $27.53, +2.57 pct
** VIPSHOP HOLDINGS LTD, $20.26, +2.17 pct
Chinese e-commerce giant Alibaba is squeezing more money from online shopping than expected, beating analysts' forecast for revenue growth.
Smaller rivals JD.com and Vipshop also rise.
BREAKINGVIEWS-Alibaba's mobile signal drowns out growth fears Continued...