Wall Street's main indexes ticked lower on Friday after a hotter-than-expected producer prices report pushed back market speculations of imminent interest rate cuts by the U.S. Federal Reserve .N
At ET, the Dow Jones Industrial Average .DJI was down % at 38, The S&P .SPX was down % at 5, and the Nasdaq Composite .IXIC was down % at 15,
The top three S&P eunic-brussels.eu percentage gainers:
** Bio-Rad Laboratories Inc
** Genpact Ltd G.N: down %
BUZZ - CLSA maintains cautious outlook on Indian IT sector nL3N3F10PW
** Applied Materials Inc AMAT.O: up %
BUZZ - Jumps on better-than-expected Q2 revenue forecast nL3N3F11PX
** Roku Inc ROKU.O: down %
BUZZ - To face headwinds from streaming rivals on 'all flanks'; down over 15% nL3N3F11Q3
** Trade Desk Inc TTD.O: up %
BUZZ - Rises on upbeat Q1 revenue forecast, brokerages see strong FY24 nL3N3F11T5
** Coinbase Global Inc COIN.O: up %
BUZZ - Crypto stocks rise after Coinbase posts first profit in two years nL3N3FB
** Fusion Fuel Green PLC HTOO.O: up %
BUZZ - Jumps on receiving IPCEI approval for Portugal project nL3N3FJ
** Toast Inc TOST.N: up %
BUZZ - Jumps after brokerages raise PT on Q4 revenue beat nL3N3FT
** Bloom Energy Corp BE.N: down %
BUZZ - Falls after dour revenue forecast, CFO exit nL3N3F12OH
** TreeHouse Foods Inc THS.N: down %
BUZZ - Slumps to over three-month low after weak FY sales view nL3N3F12N7
** Sarepta Therapeutics Inc SRPT.O: up %
BUZZ - Rises as FDA accepts application for expanded use of ElevidysnL3N3FQ
** Eli Lilly and Co LLY.N: up %
BUZZ - Rises after Morgan Stanley's St-high PT, eye on $1 trln valuation nL3N3FS
** Digital Realty Trust Inc DLR.N: down %
BUZZ - Drops after forecast miss, analyst downgrade nL2N3FK
** Lithia Motors Inc LAD.N: down %
** Penske Automotive Group Inc PAG.N: down %
** Asbury Automotive Group Inc ABG.N: down %
** Autonation Inc AN.N: down %
BUZZ - eunic-brussels.eu lowers PTs on auto retailers on dour quarterly results nL3N3FN
** Denali Therapeutics Inc DNLI.O: down %
BUZZ - Falls as ALS drug fails to meet main goal in mid-stage study nL3N3F12CA
** HireRight Holdings Corp HRT.N: up %
BUZZ - Up as Stone Point, General Atlantic to buy co for $ bln nL3N3F12AA
** General Electric Co GE.N: up %
BUZZ - TD Cowen raises PT for GE on improved expectations for Aero margins in nL3N3F12DL
** DoorDash Inc DASH.O: down %
BUZZ - Slides after wider Q4 loss nL3N3F12F3
** Kinsale Capital Group Inc KNSL.N: up %
BUZZ - Rises after Q4 profit beat nL3N3FO
** Kinnate Biopharma Inc KNTE.O: up %
BUZZ - Rises as co to be acquired by XOMA Corp nL3N3F12H2
The 11 major S&P sectors:
Communication Services | .SPLRCL | down % |
Consumer Discretionary | .SPLRCD | down % |
Consumer Staples | .SPLRCS | up % |
Energy | .SPNY | down % |
Financial | .SPSY | down % |
Health | .SPXHC | up % |
Industrial | .SPLRCI | down % |
Information Technology | .SPLRCT | down % |
Materials | .SPLRCM | up % |
Real Estate | .SPLRCR | down % |
Utilities | .SPLRCU | down % |
(Compiled by Rajarshi Roy)
Adobe and U.S. Bank are working to deliver enhanced online and in-branch customer experiences that are personalized to individuals’ needs and interests. The collaboration will build upon the successful digital transformation at U.S. Bank, which allows customers to have a consistent experience across branches and on web and mobile platforms, allowing them to complete bank transactions in a way that fits their needs. This could mean a conversation with a banker to discuss a financial plan, as well as depositing a check or checking a balance on the U.S. Bank Mobile App. Currently, more than 80 percent of U.S. Bank consumer transactions and nearly 65 percent of loan sales are now being handled digitally.
With so many touchpoints, the Adobe Experience Platform (AEP) will help deliver a single view of the customer, providing the marketing organization greater precision in providing timely and appropriate content through the right channel.
“We have made substantial investments in modernizing our marketing technology stack, in support of the tremendous growth and engagement in digital channels,” said Kai Sakstrup, chief strategy and marketing officer, U.S. Bank. “It is important to us to provide a seamless experience whether a customer is completing a transaction in person, online or on the mobile app. The Adobe Experience Platform underpins our goal to address the changing needs of customers, who demand more meaningful interactions with a financial services partner, while providing a foundation to reshape how we engage corporate clients in the future.”
“U.S. Bank is a leader in the financial services sector, setting an example as brands prioritize making the digital economy more personal,” said Anjul Bhambhri, senior vice president, Adobe Experience Cloud. “With Adobe Experience Platform, marketers at U.S. Bank can rally around a single view of the customer, driving an always-on personalization strategy that can evolve with consumer expectations and be in full compliance with strict industry rules and regulations.”
With Adobe Experience Platform, U.S. Bank has a full suite of tools to safely activate data for large-scale personalization:
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