Midday Movers: CIT, BTU, ABX & More

Market Insider | What's Shaking | Stocks to Watch

Take a look at some of Thursday's midday movers:

CIT surged after the middle-market lender announced the termination of a written agreement with the Federal Reserve Bank of New York. Termination of the agreement allows CIT greater latitude regarding its capital plans and risk management.

Peabody Energy moved off its highs of the session after Carl Icahn denied that he owned the stock and said that he doesn't intend to buy any shares.

Gold stocks surged along with the price of physical gold including Barrick Gold, Kinross Gold and Newmont Mining.

Nasdaq OMX Group traded higher after a report that the exchange was planning to move "aggressively" into the fixed income space. CME Group traded higher as well.

Baker Hughes and Halliburton were lower following a downgrade to "underweight" from "equal-weight" at Morgan Stanley.

Plum Creek Timber was lower as its 10-day moving average moved below its 30-day moving average.

IBM was the biggest net gainer on the Dow, while McDonald's was the biggest laggard.

JPMorgan, Aetna and Aon hit historic highs.

—By CNBC's Lori Spechler

Questions? Comments? Email us at marketinsider@cnbc.com

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