BUZZ-U.S. STOCKS ON THE MOVE-Apple, Twitter, Epizyme, U.S. homebuilders

Thu Jan 7, 2016 10:20am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(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. stock indexes fell sharply on Thursday as market volatility in China and a relentless slide in oil prices unnerved investors. The Dow Jones industrial average was down 1.22 percent at 16,701.09, the S&P 500 was down 1.33 percent at 1,963.77 and the Nasdaq Composite was down 1.81 percent at 4,748.321.

** APPLE INC, $98.8837, -1.80 pct

The iPhone maker's shares continued their downward spiral after dropping below $100 for the first time in nearly five months on Wednesday. The stock has fallen 4.4 percent, eroding $26 billion in market cap, in two days following reports of slowing shipments of iPhone 6S and 6S Plus.

** ATMEL CORP, $8, -6.65 pct

Microchip Technology Inc is reconsidering its interest in the micro-controller maker due to weakness in the company's business in the fourth quarter, Bloomberg reported, citing a person with knowledge of the matter. (bloom.bg/1kNc1a5)

  Continued...