Closing Bell Movers: BrightSpring Health up 6% on S&P 600 inclusion

Tuesday trading on Wall Street started on the backfoot with U.S.-China trade spat back in play as China Trade Ministry sanctioned US units of Hanwha Ocean, but worries eased and stocks bounced midday once US Trade Rep Greer said the administration is hoping for a good relationship with Beijing.  Consumer Staples and Industrials led among the S&P 500 indices, with Financials also trading strongly as large US banks kicked off the earnings season with a series of beats.  

In the opening hour of the evening session, S&P500, Dow Industrials, and Nasdaq 100 are all up by a decimal.  In energy, WTI Crude Oil fell to fresh 5-month lows below $58 per barrel overnight, but recovered with the bounce in risk sentiment.  The rally in precious metals also continued with US Dollar under pressure overnight amid more dovish rhetoric from Fed Chair Powell – Gold is up above $4,180 while Silver rose as high as $52.50, both fresh record highs.

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

HIGHER –

• Veritone (VERI) up 48.2% after announcing Veritone Data Refinery contract wins, Q3  revenue pre-announcement
• BrightSpring Health Services (BTSG) up 6.3% after being admitted into S&P SmallCap600 
• DENTSPLY SIRONA (XRAY) up 4.3% after disclosing that SEC Division of Enforcement does not intend to recommend any enforcement action against company
• CVD Equipment Corporation (CVV) up 3.9% after announcing order for two PVT150 physical vapor transport systems

DOWN AFTER EARNINGS – 

• Hancock Whitney (HWC) down 1.6%

ALSO LOWER –

• Sable Offshore Corp. (SOC) down 21.0% after adverse court ruling
• American Public Education (APEI) down 10.8% after Q3 outlook, estimate for shutdown impact 
• ASP Isotopes (ASPI) down 10.3% after common stock offering
• EyePoint Pharmaceuticals (EYPT) down 3.5% after common stock offering