— La-Z-Boy shares surged more than 8% as traders shrugged off concerns over the impact of U.S. tariffs on Chinese goods on the furniture maker's bottom line. The company said in its latest quarterly report that additional U.S. tariffs on Chinese products would increase the cost of raw materials, which would force it to raise prices.— Rio Tinto's U.S.-listed shares slid 4.6% after the company cut its iron ore production guidance.
—Allergan shares rose 4.3% after the pharmaceutical company reported positive trial results for Linzess, a drug aimed a treating irritable bowel syndrome.
LZB
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