ASML, Five Below fall; J&J, V.F. Corp. rise; Wednesday, 7/17/2024

Stocks that traded heavily or had substantial price changes on Wednesday:

ASML Holding NV (ASML), down $136.14 to $932.06.

Bloomberg News said the U.S. is considering severe trade curbs if companies like ASML continue shipping advanced chip tech to China.

Five Below Inc. (FIVE), down $25.57 to $76.50.

CEO Joel Anderson left the discount retailer. The company also gave a profit forecast that fell short of expectations.

Spirit Airlines Inc. (SAVE), down 34 cents to $2.82.

The discount carrier cut its revenue forecast, saying it's making less than expected from fees.

The maker of Vans and Timberlands footwear is selling its Supreme business to eyewear maker EssilorLuxottica for $1.5 billion.

U.S. Bancorp (USB), up $1.97 to $45.26.

The bank, which has lagged the market this year, rose after beating analysts' forecasts for profit and revenue.

Johnson & Johnson (JNJ), up $5.57 to $156.58.

The maker of health care products reported results that beat analysts' forecasts.

The company announced a deal to provide fuel cells to data center operator CoreWeave.

Prologis Inc. (PLD), up $1.72 to $123.21.