Crude Oil Gains 1.5%; Fluor Shares Plunge Following Downbeat Earnings

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling around 100 points on Tuesday.

The Dow traded down 0.38% to 44,378.28 while the NASDAQ fell 0.47% to 19,932.75. The S&P 500 also fell, dropping, 0.16% to 6,105.15.

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Leading and Lagging Sectors

Energy shares jumped by 1.8% on Tuesday.

In trading on Tuesday, communication services shares fell by 1%.

Top Headline

The NY Empire State Manufacturing Index rose by 18.3 points to a reading of +5.7 in February, topping market estimates of -1.

Equities Trading UP

GeneDx Holdings Corp. WGS shares shot up 35% to $102.77 after the company issued FY25 revenue guidance above consensus estimates.
Shares of Super Micro Computer, Inc. SMCIgot a boost, surging 103% to $0.95 amid positive sentiment ahead of its annual report filing deadline on Feb 25. The shares are also rising following its upbeat FY2026 revenue projection last week.
PainReform Ltd PRFX shares were also up, gaining 26% to $3.5499 as the company executed definitive agreement to acquire DeepSolar.

Equities Trading DOWN

Septerna Inc SEPN shares dropped 58% to $5.40 after the company announced the discontinuation of its Phase 1 trial of SEP-786 due to unanticipated Bilirubin events.
Shares of Fluor Corporation FLR were down 11% to $38.54 after the company missed quarterly earnings and revenue estimates.
Petros Pharmaceuticals Inc PTPI was down, falling 55% to $0.1333 after the company reported the pricing of $9.6 million public offering of common stock and warrants.

Commodities

In commodity news, oil traded up 1.5% to $71.82 while gold traded up 1.8% at $2,952.80.

Silver traded up 1.8% to $33.450 on Tuesday, while copper fell 1.6% to $4.5895.

Euro zone

European shares were higher today. The eurozone's STOXX 600 rose 0.32%, Germany's DAX 40 rose 0.20% and France's CAC 40 rose 0.21%. Spain's IBEX 35 Index rose 0.98%, while London's FTSE 100 fell 0.01%.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Japan's Nikkei 225 gaining 0.25%, China's Shanghai Composite Index falling 0.93%, Hong Kong's Hang Seng Index gaining 1.59% and India's BSE Sensex falling 0.04%.

Economics

The NY Empire State Manufacturing Index rose by 18.3 points to a reading of +5.7 in February, topping market estimates of -1.

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