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U.S. STOCKS ON THE MOVE-Alphabet, Moderna, chip stocks

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Wall Street's main indexes rallied on Tuesday, led by rate-sensitive growth
stocks, after a smaller-than-expected rise in U.S. consumer prices raised hopes
that the Federal Reserve could soften its aggressive stance on interest rate
hikes.  .N 
    At 10:39 a.m. ET, the Dow Jones Industrial Average  .DJI  was up 0.70% at
34,243.31. The S&P 500  .SPX  was up 1.44% at 4,048 and the Nasdaq Composite
 .IXIC  was up 2.04% at 11,370.907.
    The top three S&P 500  .PG.INX  percentage gainers:
    ** Moderna Inc  MRNA.O , up 22.4%
    ** EPAM Systems Inc  EPAM.N , up 7.1%
    ** ANSYS Inc  ANSS.O , up 6.2%
    The top three S&P 500  .PL.INX  percentage losers:
    ** Trimble Inc  TRMB.O , down 6.2%
    ** United Airlines Holdings Inc  UAL.O , down 5.5%
    ** Norwegian Cruise Line Holdings Ltd  NCLH.N , down 4.1%
    The top two NYSE  .PL.N  percentage losers:
    ** Lion Electric Co  LEV.N , down 15.2%
    ** Ambrx Biopharma Inc  AMAM.N , down 14.7%
    The top two Nasdaq  .PG.O  percentage gainers:
    ** Netcapital Inc  NCPL.O , up 97.1%
    ** Fluence Energy Inc  FLNC.O , up 28.9%
    The top two Nasdaq  .PL.O  percentage losers:
    ** China Jo Jo Drug  CJJD.O , down 18.4%
    ** Aerovate Therapeutics Inc  AVTE.O , down 17.7%
    ** Pinterest Inc  PINS.N : up 10.6%
    BUZZ - Up after Piper Sandler upgrade; cites scope to expand margin
 urn:newsml:reuters.com:*:nL4N33320W
    ** Gold Fields Ltd  GFI.N : down 0.5%
    BUZZ - Slumps on CEO departure  urn:newsml:reuters.com:*:nL4N33322R
    ** PayPal Holdings Inc  PYPL.O : up 2.0%
    BUZZ - Rises after Piper Sandler begins coverage with 'neutral' rating
 urn:newsml:reuters.com:*:nL4N333242
    ** Quotient Ltd  QTNT.O : down 40.2%
    BUZZ - Down on plans to delist from Nasdaq  urn:newsml:reuters.com:*:nL4N33325T
    ** Magenta Therapeutics Inc  MGTA.O : up 23.9%
    BUZZ - Surges on positive results in blood cancer therapy study  urn:newsml:reuters.com:*:nL4N33326P
    ** Lion Electric Co  LEV.N : down 15.2%
    BUZZ - Skids on pricing $50 mln equity offering  urn:newsml:reuters.com:*:nL1N333181
    ** Bumble Inc  BMBL.O : up 1.5%
    BUZZ - BofA starts coverage on Bumble with 'buy' on healthy fundamentals
 urn:newsml:reuters.com:*:nL4N33328R
    ** Norwegian Cruise Line Holdings Ltd  NCLH.N : down 4.1%
    BUZZ - UBS downgrades Norwegian Cruise to 'neutral' on higher costs
 urn:newsml:reuters.com:*:nL4N3332AX
    ** New Fortress Energy Inc  NFE.O : up 9.4%
    BUZZ - Gains on plans to return 40% of annual earnings as dividends
 urn:newsml:reuters.com:*:nL4N33325E
    ** Eli Lilly and Co  LLY.N : down 0.8%
    BUZZ - Slides after 2023 profit forecast falls below estimates  urn:newsml:reuters.com:*:nL4N3332BE
    ** Moderna Inc  MRNA.O : up 22.4%
    BUZZ - Up as trial data shows skin cancer therapy reduces recurrence by 44%
 urn:newsml:reuters.com:*:nL4N3332BW
    ** Okta Inc  OKTA.O : up 3.7%
    BUZZ - Edges higher as Cowen starts coverage  urn:newsml:reuters.com:*:nL4N3332A8
    ** PG&E Corp  PCG.N : down 1.7%
    BUZZ - Dips as Fire Victim Trust block trade prices  urn:newsml:reuters.com:*:nL1N33316J
    ** EVgo Inc  EVGO.O : up 2.4%
    BUZZ - Rises on partnership with Lyft  urn:newsml:reuters.com:*:nL4N3332EC
    ** Core & Main Inc  CNM.N : up 3.3%
    BUZZ - Rises on Q3 forecast upgrade, revenue beat  urn:newsml:reuters.com:*:nL4N3332FB
    ** 111 Inc  YI.O : up 2.0%
    BUZZ - Begins selling Pfizer's COVID-19 treatment in China; shares up
 urn:newsml:reuters.com:*:nL4N3332GE
    ** Mobileye Global Inc  MBLY.O : up 2.5%
    BUZZ - Gains as JPM initiates at "overweight"  urn:newsml:reuters.com:*:nL1N333103
    ** Apple Inc  AAPL.O : up 2.1%
    ** Alphabet Inc  GOOGL.O : up 4.8%
    ** Microsoft Corp  MSFT.O : up 2.7%
    BUZZ - Big tech, growth stocks gain on cooler inflation report  urn:newsml:reuters.com:*:nL4N3332MA
    ** Mullen Automotive Inc  MULN.O : up 9.6%
    BUZZ - Climbs on signing first U.S. dealer partner  urn:newsml:reuters.com:*:nL4N3332NF
    ** Exxon Mobil Corp  XOM.N : up 1.4%
    ** Chevron Corp  CVX.N : up 2.1%
    ** Devon Energy Corp  DVN.N : up 1.0%
    BUZZ - Energy firms climb as oil rises on supply disruptions  urn:newsml:reuters.com:*:nL4N3332NA
    ** Joann Inc  JOAN.O : down 8.1%
    BUZZ - Drops as Q3 results miss, quarterly dividend paused  urn:newsml:reuters.com:*:nL4N3332N2
    ** OpGen Inc  OPGN.O : up 196.0%
    BUZZ - Nearly doubles as UTI panel study meets main goal  urn:newsml:reuters.com:*:nL4N3332N9
    ** Indaptus Therapeutics Inc  INDP.O : up 7.7%
    BUZZ - Gains as company initiates tumor drug trial  urn:newsml:reuters.com:*:nL4N3332N7
    ** Bitfarms Ltd  BITF.O : up 4.7%
    ** Riot Blockchain Inc  RIOT.O : up 2.6%
    ** Marathon Digital Holdings Inc  MARA.O : up 1.6%
    BUZZ - Crypto stocks track strength in bitcoin after U.S CPI data
 urn:newsml:reuters.com:*:nL4N3332ID
    ** Trimble Inc  TRMB.O : down 6.2%
    BUZZ - Slides on $1.98 bln deal to buy German logistics firm Transporeon
 urn:newsml:reuters.com:*:nL4N3332OW
    ** Faraday Future Intelligent Electric Inc  FFIE.O : up 26.9%
    BUZZ - Jumps after management changes  urn:newsml:reuters.com:*:nL4N3332PA
    ** Nvidia Corp  NVDA.O : up 3.6%
    ** Advanced Micro Devices Inc  AMD.O : up 3.0%
    ** Applied Materials Inc  AMAT.O : up 4.4%
    ** Lam Research Corp  LRCX.O : up 4.1%
    BUZZ - Chip stocks up as U.S. inflation data lifts hopes of softer rate
hikes  urn:newsml:reuters.com:*:nL4N3332PE
    ** Newmont Corp  NEM.N : up 1.9%
    ** Barrick Gold Corp  GOLD.N : up 2.8%
    ** AngloGold Ashanti Ltd  AU.N : up 2.6%
    ** Sibanye Stillwater Ltd  SBSW.N : up 1.3%
    BUZZ - Gold miners mirror higher bullion prices after CPI data  urn:newsml:reuters.com:*:nL4N3332PO
    ** Target Corp  TGT.N : up 1.4%
    BUZZ - Retail stocks gain as cooler U.S. inflation data eases rate hike
fears  urn:newsml:reuters.com:*:nL4N3332PT
    ** Eyenovia Inc  EYEN.O : up 6.4%
    BUZZ - Gains as FDA accepts marketing application for eye drug  urn:newsml:reuters.com:*:nL4N3332RG
    ** Mirum Pharmaceuticals Inc  MIRM.O : up 2.1%
    BUZZ - Rises as company gets marketing nod for liver disease drug in Europe
 urn:newsml:reuters.com:*:nL4N3332SA
    ** Wave Life Sciences Ltd  WVE.O : up 15.8%
    BUZZ - Jumps on tie-up with GSK  urn:newsml:reuters.com:*:nL4N3332RK
    The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   up 3.23%
 Consumer Discretionary   .SPLRCD   up 0.93%
 Consumer Staples         .SPLRCS   up 0.35%
 Energy                   .SPNY     up 1.71%
 Financial                .SPSY     up 0.74%
 Health                   .SPXHC    up 0.72%
 Industrial               .SPLRCI   up 0.79%
 Information Technology   .SPLRCT   up 2.31%
 Materials                .SPLRCM   up 1.66%
 Real Estate              .SPLRCR   up 2.25%
 Utilities                .SPLRCU   up 0.71%
 (Compiled by Pratyush Thakur and Rajarshi Roy in Bengaluru)
 ((pratyush.thakur@thomsonreuters.com))

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