Closing Bell Movers: UiPath up nearly 4% after S&P 400 admission

In the opening hour of the evening session, equity futures are down marginally, with Dow Industrials and S&P e-minis off by a decimal while Nasdaq 100 contract is trading flat.  In commodities, WTI Crude Oil is little changed after API inventory data saw its first build in multiple weeks, while precious metals have broken out to fresh record highs – Gold above $4,525 and Silver approaching $72 per ounce.   

Treasuries traded mixed with conflicting data in the form of much stronger than expected Q3 GDP and a much more recent cautionary story from December Conference Board Consumer Confidence report, which fell to its lowest level since the “tariff tantrum” in April – the yield on the 10-year Treasury ended around 4.17% after reaching 4.20% earlier.

New record high close in the S&P 500 index was paced by Communication Services and Technology sectors, while Staples lagged once again.  Nvidia (NVDA) was especially strong with a 3% advance, though the stock still trades off by over 10% from its highs in October.  Alphabet (GOOGL) as well as Amazon (AMZN) also notched respectable gains of about 1.5%.  

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

HIGHER AFTER EARNINGS –

• Limoneira (LMNR) up 0.9%

ALSO HIGHER –

• Ramaco Resources (METC) up 6.7% after announcing $100M buyback
• UiPath (PATH) up 3.7% after admission into S&P MidCap 400

DOWN AFTER EARNINGS –

• Good Times Restaurants (GTIM) down 1.5%

ALSO LOWER –

• Minerva Neurosciences (NERV) down 3.9% after selling stock for holders
• Organogenesis Holdings (ORGO) down 3.4% after initiating rolling submission of BLA to FDA for ReNu