Toward the end of trading Tuesday, the Dow traded up 0.01% to 26,721.40 while the NASDAQ fell 0.05% to 8,087.20. The S&P also rose, gaining 0.06% to 2,966.21.
Leading and Lagging Sectors
In trading on Tuesday, energy shares fell 2%.
Greenbrier Companies, Inc. (NYSE: GBX) reported downbeat results for its third quarter and issued weak Q4 forecast.
Greenbrier reported adjusted third-quarter earnings of 89 cents per share, which missed the analyst consensus estimate of 95 cents. The company reported quarterly sales of $856.2 million, which missed the analyst consensus estimate of $862.45 million.
Greenbrier said it expects Q4 earnings of $1.30 to $1.50 per share on sales of $1.0 billion. Analysts project earnings of $1.89 per share on sales of $1.1 billion.
Equities Trading UP
Amarin Corporation plc (NASDAQ: AMRN) shares shot up 16% to $22.27 after the company raised its FY19 sales guidance.
Shares of Eros International Plc (NYSE: EROS) got a boost, shooting up 15% to $1.73 after the company announced that outstanding interest payments of its Indian subsidiary have been paid off.
Ovid Therapeutics Inc. (NASDAQ: OVID) shares were also up, gaining 15% to $2.65 after receiving Orphan Drug designation from the European Commission for OV101 for the treatment of Angelman syndrome.
Equities Trading DOWN
Acuity Brands, Inc. (NYSE: AYI) shares tumbled 8% to $130.06 after the company reported worse-than-expected Q3 sales results.
Shares of Francesca's Holdings Corporation (NASDAQ: FRAN) were down 12% to $4.64 after the company reported the resignation of CFO Kelly Dilts.
CyberOptics Corporation (NASDAQ: CYBE) was down, falling 23% to $13.87 after the company lowered its Q2 revenue forecast.
In commodity news, oil traded down 4.9% to $56.22, while gold traded up 1.5% to $1,410.50.
Silver traded up 0.4% Tuesday to $15.26, while copper fell 1% to $2.661.
European shares closed higher today. The eurozone’s STOXX 600 rose 0.37%, the Spanish Ibex Index rose 0.18%, while Italy’s FTSE MIB Index gained 0.65%. Meanwhile, the German DAX gained 0.04%, and the French CAC 40 rose 0.16% while UK shares rose 0.82%.
The Johnson Redbook Retail Sales Index fell 2.4% during the first four weeks of June versus May.
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