Closing Bell Movers: Capital One, Interactive Brokers slip after results

U.S. indices have given back some of their recent stellar gains on Tuesday with traders unnerved by the uncertainty regarding the next round of U.S.-Iran talks.  Rather than decipher whether the path to diplomacy is truly crumbling or if each side is posturing for a better negotiating position, investors booked some profits.  Basic Materials – the best performing sector in the S&P 500 over the past month – underperformed all other areas of the market.  In turn, Energy was the only sector in the green as WTI Crude Oil prices advanced as high as $92 per barrel.

In the opening hour of the evening session, WTI is back around $90 despite the reported large draw from inventories in the weekly API data, while S&P e-minis and Nasdaq 100 are up 0.4% each.  Markets are latching on to the latest Trump statement on Truth Social that he will extend the ceasefire until the latest proposal from Iranian officials is submitted via Pakistani mediators.

Check out this evening’s top movers from around Wall Street, compiled by The Fly.

HIGHER AFTER EARNINGS –

• Manhattan Associates (MANH) up 9.0%
• Monarch Casino & Resort (MCRI) up 3.6%
• Pegasystems (PEGA) up 3.3%
• Beta Bionics (BBNX) up 3.1%
• Agree Realty (ADC) up 2.7%
• Intuitive Surgical (ISRG) up 1.0%
• United Airlines (UAL) up 0.9%

ALSO HIGHER –

• Teleflex (TFX) up 11.4% after Bloomberg reported CVC and GTCR considering takeover
• WisdomTree (WT) up 5.4% after being initiated with an Outperform at Raymond James
• Adobe (ADBE) up 2.1% after announcing new buyback program

DOWN AFTER EARNINGS –

• Sonoco Products (SON) down 6.3%
• Calix (CALX) down 5.2%
• Bank OZK (OZK) down 2.4%
• Capital One (COF) down 1.9%
• Interactive Brokers (IBKR) down 1.1%

ALSO LOWER –

• Target Hospitality (TH) down 9.6% after equity offering
• Prudential Financial (PRU) down 0.5% after increasing operating profit impact estimate from suspension of sales activity at POJ