In the opening hour of the evening session, U.S. equity futures are down slightly, with S&P 500 e-minis down 0.2% at 5,911, Nasdaq 100 down 0.3% at 21,353, and Dow Industrials off by 0.1% at 42,221. In commodities, WTI Crude Oil is down marginally below $61 per barrel, remaining in a tight $3 range for the past two weeks. In precious metals, Gold is off by 0.2% below $3,340 per ounce following Thursday’s bullish action but also locked in a sideways trading pattern.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Stocks were able to preserve overnight gains on Thursday spurred by the ruling of the U.S. Court of International Trade invalidating Trump’s tariff agenda, though today’s ruling by an Appellate court has suppressed that decision. Real Estate, Health Care, and Utilities were the best performing sectors on the S&P as Treasury yields fell steeply. Communication services underperformed however, with weakness in Netflix, Gaming companies, and Cable names.
In earnings, Computer Hardware space saw mixed performance with a slight post-earnings rally by Dell but a sizable post-earnings decline in NetApp shares.
Check out this evening’s top movers from around Wall Street, compiled by The Fly.
HIGHER AFTER EARNINGS –
- Red Robin Gourmet Burgers (RRGB) up 54.6%
- UiPath (PATH) up 9.4%
- Ulta Beauty (ULTA) up 8.3%
- Zscaler (ZS) up 3.5%
- Dell Technologies (DELL) up 1.7%
DOWN AFTER EARNINGS –
- American Eagle Outfitters (AEO) down 7.5%
- NetApp (NTAP) down 5.5%
- PagerDuty (PD) down 3.7%
- Marvell (MRVL) down 2.7%
- Costco (COST) down 0.4%
ALSO LOWER –
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RRGB:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue