BUZZ-U.S. STOCKS ON THE MOVE-CTi, Akamai, Empire District, Wix.com
(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 gained on Wednesday after Federal Reserve Chair Janet Yellen said conditions in the United States would allow for "gradual" rate hikes, and as technology stocks rebounded. The Dow Jones industrial average was up 0.08 percent at 16,027.22, the S&P 500 was up 0.70 percent at 1,865.12 and the Nasdaq Composite was up 1.28 percent at 4,323.541.
** CTI BIOPHARMA CORP, $0.2682, -46.36 pct
The company said the U.S FDA has put a full clinical hold on the company's investigational new drug application for pacritinib.
** GOLDMAN SACHS GROUP INC, $150.77, +1.70 pct
** DEUTSCHE BANK AG, $16.33, +6.18 pct
U.S. banks are looking at ways to slash expenses further this year as market turmoil, declining oil prices and concerns about Germany's Deutsche Bank have sent the sector's shares down sharply.
** EMPIRE DISTRICT ELECTRIC, $32.66, +15.82 pct Continued...