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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.

1. STOCK NEWS:

• President-elect Donald Trump said he plans to sign an executive order on day one of his administration to charge Mexico and Canada a 25% tariff on all products coming into the U.S.
• Best Buy (BBY) reported downbeat Q3 results and narrowed its FY25 earnings guidance
• Zoom Communications (ZM) provided a "beat and raise" report for Q3
• Kohl's (KSS) reported downbeat quarterly results and announced that CEO Tim Kingsbury plans to step down
• The White House has proposed a new rule expanding Medicare and Medicaid coverage of anti-obesity medications, such as Novo Nordisk's (NVO) Wegovy and Eli Lilly's (LLY) Zepbound

2. WALL STREET CALLS:

• Chevron (CVX) upgraded and placed on "positive catalyst watch" at Citi
• HSBC downgraded Morgan Stanley (MS) and Goldman Sachs (GS) to Hold
• Capri Holdings (CPRI) upgraded to Buy at Guggenheim on portfolio's intrinsic value
• Zoom Communications (ZM) upgraded at Evercore ISI after earnings
• Cassava Sciences (SAVA) downgraded to Neutral at H.C. Wainwright after Alzheimer's study miss

3. AROUND THE WEB:

• Nestle (NSRGY) chairman Paul Bulcke said the company will have to take action on prices, Reuters reports
• Wells Fargo's (WFC) asset cap could be removed next year, Reuters says
• Walmart (WMT) is rolling back its diversity, equity, and inclusion policies, AP reports
• Citi (C) is cutting promotions and raises as it seeks to overhaul the bank, FT says
• Meta (META) will face a trial in April over the U.S. FTC allegations the platform bought Instagram and WhatsApp to crush its emerging competition, Reuters says

4. MOVERS:

• Poseida Therapeutics (PSTX) increases after entering a merger agreement to be acquired by Roche (RHHBY)
• Arrowhead (ARWR) gains after entering a global licensing and collaboration agreement with Sarepta (SRPT)
• Semtech (SMTC) higher after reporting Q3 results, with EPS and revenue beating consensus
• Leslie's (LESL) lower after reporting Q4 results and providing guidance for Q1
• ASP Isotopes (ASPI) falls after the company was named a short at Fuzzy Panda, with the research firm believing the company "has all the makings of the next nuclear meltdown"

5. EARNINGS/GUIDANCE:

• Embecta (EMBC) reported Q4 results, with EPS and revenue beating consensus
• American Woodmark (AMWD) announced Q2 results and reaffirmed its guidance for FY25
• Dick's Sporting (DKS) reported Q3 results and raised its guidance for FY24
• Abercrombie & Fitch (ANF) reported Q3 results, with CEO Fran Horowitz commenting, "This great sales performance led to better-than-expected results"
• J.M. Smucker (SJM) reported Q2 results and raised its guidance for FY25

INDEXES:

The Dow rose 123.74, or 0.28%, to 44,860.31, the Nasdaq gained 119.46, or 0.63%, to 19,174.30, and the S&P 500 advanced 34.26, or 0.57%, to 6,021.63.