Closing Bell Movers: Keysight rallies 15% after earnings beat

Uncertainty regarding trade policy in the wake of last week’s Supreme Court decision to overrule the Trump tariff efforts, compounded by more AI impact uncertainty after a widely circulated doomsday scenario substack published over the weekend by Citrini Research reverberated across the equity markets on Monday.  Software names were again under heavy selling pressure, though Financials was the worst performing sector on fears that technology will breach the payment network moats while also decreasing white-collar labor demand, with the feedback loop into mortgages and the housing market.  Staples, Healthcare, Utilities and Energy fared better amid continuing sector rotation away from Tech.  

In the opening hour of the evening session, the fragile sentiment has found some footing, with S&P e-minis and Nasdaq 100 contracts up marginally.  Commodities, meanwhile, are just off Monday’s highs – WTI Crude Oil front-month contract still sits north of $66 per barrel, Gold is bid above $5,250, and Silver is just shy of $88 per ounce.

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

HIGHER AFTER EARNINGS –

• Super Group Limited (SGHC) up 15.2%
• Keysight Technologies (KEYS) up 15.1%
• Forward Air (FWRD) up 8.0%
• Helix Energy Solutions Group (HLX) up 6.9%
• Bed Bath & Beyond (BBBY) up 5.3%
• Douglas Dynamics (PLOW) up 4.4%

ALSO HIGHER –

• Teradata (TDC) up 4.9% after disclosing litigation settlement, $480M award

DOWN AFTER EARNINGS –

• Ultra Clean Holdings (UCTT) down 10.4%
• Hims & Hers Health (HIMS) down 7.9%
• Paymentus (PAY) down 3.7%
• Kratos Defense & Security Solutions (KTOS) down 3.0%
• Diamondback Energy (FANG) down 2.8% 

ALSO LOWER –

• Whirlpool (WHR) down 7.7% after mixed shelf offering
• Tandem Diabetes (TNDM) down 5.0% after convertible debt offering