With GE leading the way, the Internet of Things has experts giddy about what it could do not only for the global economy but for industrial stocks.
Some of the names on the move ahead of the open.
NEW YORK, Oct 2- U.S.-listed shares of foreign companies rose slightly on Tuesday in a relatively quiet session, boosted by ongoing expectations of a bailout for Spain. The BNY Mellon index of leading European ADRs rose 0.6 percent. In Greece, Coca Cola Hellenic rose 2.1 percent to $19.25 per share and the National Bank of Greece gained 5.5 percent to $2.49 a share.
**ARQULE INC, $2.30, down 53.9 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **GENERAL MOTORS, $23.82, up 3 pct. Hedge fund manager David Einhorn said auto-maker General Motors "is much healthier now," and is getting its product refreshments "right."
The Dow and S&P 500 turned negative while the Nasdaq cut its gains in late morning on Tuesday, with materials and energy shares leading declines on the S&P. **ARQULE INC $2.21 down 55.5 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **FORD MOTOR CO, $9.78, down 1.6 pct.