BUZZ-U.S. STOCKS ON THE MOVE-Trevena, Netflix, Chipotle, Fiat
(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 index futures fell sharply on Tuesday after data showed that China's manufacturing sector shrank at its fastest pace in three years and its services sector also showed signs of cooling. Dow Jones industrial average futures were down 2.04 percent at 16,172, S&P 500 futures were down 2.12 percent at 1,927.5 and Nasdaq 100 futures were down 2.24 percent at 4,176.
** TREVENA INC, Monday close $6, +38.33 pct
The drug developer said on Monday its experimental painkiller met main goal of reducing post-operative pain compared with placebo in a mid-stage study.
** APPLE INC, Monday close $112.76, -2.09 pct premarket
** NETFLIX INC, Monday close $115.03, -3.46 pct premarket
The Iphone maker is looking to move into the original programming business to compete with video streaming companies such as Netflix Inc, Variety reported on Monday.
** PENN WEST PETROLEUM LTD, Monday close $0.77 Continued...