BUZZ-U.S. STOCKS ON THE MOVE-Tapestry, Peloton, Accenture

Reuters12-19 20:04
BUZZ-U.S. STOCKS ON THE MOVE-Tapestry, Peloton, Accenture

Eikon search string for individual stock moves: STXBZ

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U.S. stock index futures edged higher on Thursday as investors digested the Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation next year that pummeled Wall Street a day earlier..N

** STMicroelectronics STM.N:BUZZ - European chip stocks fall after Micron's downbeat quarterly guidance nL8N3NK0CO

** Lamb Weston Holdings LW.N:BUZZ - Slumps on CEO exit, annual sales forecast cuS nL4N3NK0X7

** Micron Technology MU.O:BUZZ - Plunges after downbeat Q2 forecast on weak demand nL4N3NK0UU

** Vertex Pharmaceuticals VRTX.O:BUZZ - Tumbles as experimental drug, placebo show similar pain reduction nL4N3NK0X5

** Tapestry TPR.N:BUZZ - Up after Jefferies raises rating to 'buy', PT to Street-high nL4N3NK0Y0X

** Peloton Interactive PTON.O:BUZZ - Shares up; Telsey Advisory Group raises PT nL4N3NH0X8

** Accenture ACN.N:BUZZ - Gains after raising FY25 revenue forecast nL4N3NK0XM

(Compiled by Rajarshi Roy and Neil J Kanatt)

((Neil.JKanatt@thomsonreuters.com))

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