BUZZ-U.S. STOCKS ON THE MOVE-Southwestern Energy, Encana, Trinity Inds
(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 Dow and S&P 500 slipped on Friday as a renewed slide in oil prices weighed on energy and materials stocks and prospects of a rate hike this year were rekindled by data pointing to firmer inflation trends. The Dow Jones industrial average was down 0.35 percent at 16,355.63, the S&P 500 was down 0.17 percent at 1,914.5 and the Nasdaq Composite was up 0.28 percent at 4,499.921.
** TRUECAR INC, $4.73, -18.02 pct
The online car-shopping service provider posts bigger-than-expected Q4 loss as its total costs and operating expenses jump.
** TRINITY INDUSTRIES INC, $16.17, -23.44 pct
The railcar maker's forecast misses expectations by a wide margin.
** APPLIED MATERIALS INC, $18.75, +9.20 pct Continued...