1 00:00:02,480 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:10,039 --> 00:00:13,520 Speaker 2: This is the closing bell on the stock mover's report 3 00:00:13,760 --> 00:00:16,680 Speaker 2: the company's making moves at the close of US trading, 4 00:00:16,880 --> 00:00:21,360 Speaker 2: with Carol Masser, Tim Stenovak, Romain Bostik, and Katie Greifel. 5 00:00:22,760 --> 00:00:24,800 Speaker 3: All right, let's get to some of the individual gainers, 6 00:00:24,880 --> 00:00:27,080 Speaker 3: if I may, in the green see look at that 7 00:00:27,240 --> 00:00:31,400 Speaker 3: outperformance today. You got Daw the number two gainer in 8 00:00:31,440 --> 00:00:34,760 Speaker 3: the S and P five hundred, Lion Dell ticker LYB. 9 00:00:34,960 --> 00:00:37,080 Speaker 3: That's actually that's the number one. I think Dad was 10 00:00:37,080 --> 00:00:39,080 Speaker 3: the number two gainer in the s and P five hundred. 11 00:00:39,400 --> 00:00:42,080 Speaker 3: This is coming after City analyst Patrick Cunningham removed the 12 00:00:42,159 --> 00:00:46,000 Speaker 3: ninety day downside catalyst watch on the stocks as polyethylene 13 00:00:46,000 --> 00:00:49,880 Speaker 3: prices improve and ethane prices fall, helping the firms integrated margins. 14 00:00:50,159 --> 00:00:52,760 Speaker 3: You also had US chemical stocks rising as higher oil 15 00:00:52,800 --> 00:00:56,640 Speaker 3: prices were giving gas based producers and advantage at an 16 00:00:56,680 --> 00:00:59,680 Speaker 3: advantage in analyst upside for US chemicals and fertilizer firms. 17 00:00:59,720 --> 00:01:02,440 Speaker 3: So you have that play, and that's maybe some of 18 00:01:02,480 --> 00:01:05,319 Speaker 3: the stories. So Dow up about six and a half percent, 19 00:01:05,400 --> 00:01:07,759 Speaker 3: line Dell up about six point eight percent. Some really 20 00:01:08,000 --> 00:01:10,080 Speaker 3: some out performance and then flip it on over it 21 00:01:10,120 --> 00:01:13,960 Speaker 3: to Mosaic ticker mos It too was a top gainer 22 00:01:14,000 --> 00:01:16,320 Speaker 3: in the S and P five hundred. Morgan Stanley analyst 23 00:01:16,600 --> 00:01:20,360 Speaker 3: Nigel Daily maintains an equal weight on the stock, raises 24 00:01:20,360 --> 00:01:22,680 Speaker 3: the price target from thirty three to thirty five, stock 25 00:01:22,720 --> 00:01:25,440 Speaker 3: closing at just under twenty eight dollars this year, so 26 00:01:26,080 --> 00:01:27,920 Speaker 3: that's certainly at play. And then I just want to 27 00:01:27,959 --> 00:01:33,080 Speaker 3: mention Strategy ticker mstr top in the NASDAQ one hundred 28 00:01:33,680 --> 00:01:37,760 Speaker 3: Bazinga newswire noting that one of the strategy directors, Carl Rickittson, 29 00:01:38,440 --> 00:01:40,840 Speaker 3: bought about five thousand shares of the company for the 30 00:01:40,880 --> 00:01:43,320 Speaker 3: first time in three and a half years, and that's 31 00:01:43,360 --> 00:01:46,640 Speaker 3: after the stock crash nearly seventy percent from its November peak. 32 00:01:46,760 --> 00:01:50,000 Speaker 3: So that purchase by this director of marketing reversal from 33 00:01:50,000 --> 00:01:54,000 Speaker 3: his previous pattern of selling shares, having filed nineteen separate 34 00:01:54,040 --> 00:01:57,080 Speaker 3: SEC forms showing only stock sales over the past three 35 00:01:57,120 --> 00:01:59,880 Speaker 3: and a half years. So insider buying right always off 36 00:02:00,200 --> 00:02:01,760 Speaker 3: seen as a positive sign. 37 00:02:01,880 --> 00:02:02,360 Speaker 2: So we'll see. 38 00:02:02,360 --> 00:02:02,800 Speaker 3: Time will tell. 39 00:02:02,800 --> 00:02:05,559 Speaker 1: Because I just want to add one pre mention in there, Carol, 40 00:02:05,600 --> 00:02:07,400 Speaker 1: and that's with Critical Metals, which was up more than 41 00:02:07,440 --> 00:02:09,960 Speaker 1: thirty percent here on the day. A small cap company, 42 00:02:09,960 --> 00:02:13,960 Speaker 1: but one that could potentially benefit from whatever the heck 43 00:02:14,040 --> 00:02:15,600 Speaker 1: is going on between the US and Greenlan. 44 00:02:16,120 --> 00:02:17,800 Speaker 4: All right, let's get to some of the decliners now. 45 00:02:17,800 --> 00:02:19,560 Speaker 4: I want to start with the banks, Bank of America, 46 00:02:19,600 --> 00:02:22,040 Speaker 4: Wells Fargo, and City Group all falling. Bank of America 47 00:02:22,080 --> 00:02:24,640 Speaker 4: down close to four percent, Wells Fargo down four point six, 48 00:02:24,720 --> 00:02:28,600 Speaker 4: City Group down three point three percent. All of these 49 00:02:29,040 --> 00:02:31,720 Speaker 4: banks reported earlier today. We heard different things from all 50 00:02:31,720 --> 00:02:35,040 Speaker 4: of them. Cities Jane Frazier saying that employee telling employees 51 00:02:35,080 --> 00:02:37,560 Speaker 4: the bar is raised. She signaled further job cuts to come. 52 00:02:37,600 --> 00:02:41,400 Speaker 4: Bank of America shares decline amid concerns about expenses, even 53 00:02:41,400 --> 00:02:44,760 Speaker 4: though equity traders posted their best fourth quarter ever and 54 00:02:44,800 --> 00:02:48,360 Speaker 4: Wells Fargo shares missed. Wells Fargo missed analyst profit estimates 55 00:02:48,360 --> 00:02:51,560 Speaker 4: as severance cost drove up expenses. Also taking a look 56 00:02:51,560 --> 00:02:53,440 Speaker 4: at Teriff related stocks those today. 57 00:02:53,560 --> 00:02:54,360 Speaker 3: That's just one. 58 00:02:54,560 --> 00:02:55,160 Speaker 4: That's just one. 59 00:02:55,200 --> 00:02:55,640 Speaker 3: This is all for. 60 00:02:57,400 --> 00:03:00,560 Speaker 4: Finley said, this is okay. Our producer actually I checked 61 00:03:00,560 --> 00:03:00,760 Speaker 4: with her. 62 00:03:00,880 --> 00:03:03,800 Speaker 3: Actually, Finley said, Tim next with his five million to 63 00:03:03,840 --> 00:03:06,200 Speaker 3: clumb that's absolutely. 64 00:03:05,800 --> 00:03:07,560 Speaker 4: You know, when a lot of stocks are down. I 65 00:03:07,560 --> 00:03:10,000 Speaker 4: got to, you know, use it to my advantage. Mattel 66 00:03:10,080 --> 00:03:13,200 Speaker 4: has Bro, Lulu Lemon, I'll took a hit today these 67 00:03:13,639 --> 00:03:16,040 Speaker 4: after the Supreme Court did not issue an opinion on 68 00:03:16,080 --> 00:03:18,680 Speaker 4: the legality of those AIPA tariffs. We'll see when we 69 00:03:18,720 --> 00:03:20,880 Speaker 4: hear from the Supreme Court next if we do get 70 00:03:20,919 --> 00:03:25,120 Speaker 4: some clarity and finally look at hotels, resorts and cruise 71 00:03:25,120 --> 00:03:27,560 Speaker 4: lines today taking a hit. This is the S and 72 00:03:27,600 --> 00:03:30,760 Speaker 4: P fifteen hundred Hotels, Resorts and Cruise Lines index down 73 00:03:31,120 --> 00:03:36,160 Speaker 4: one point four one percent. We can also say home 74 00:03:36,200 --> 00:03:40,480 Speaker 4: building home builders also fell today. This after the USA 75 00:03:40,520 --> 00:03:43,120 Speaker 4: Department gears up to suspend processing visas for people from 76 00:03:43,160 --> 00:03:45,720 Speaker 4: dozens of countries, including Brazil and Nigeria. 77 00:03:46,000 --> 00:03:47,440 Speaker 1: And just I had an honorable mention to that. 78 00:03:47,480 --> 00:03:49,080 Speaker 4: Really the big time I did. Every stock that was 79 00:03:49,080 --> 00:03:50,760 Speaker 4: lower today, Roman, there are no honorable man. 80 00:03:50,880 --> 00:03:53,000 Speaker 1: Not Actually you actually missed the software stocks. They saw 81 00:03:53,000 --> 00:03:54,680 Speaker 1: a big downdraft in a lot of those names like 82 00:03:54,720 --> 00:03:56,800 Speaker 1: app Love and into It, doc, you Signa, and quite 83 00:03:56,800 --> 00:03:59,640 Speaker 1: a few others, particularly the application software stocks. I'll keep 84 00:03:59,640 --> 00:04:02,040 Speaker 1: an eye on that space here as investors do continue 85 00:04:02,040 --> 00:04:04,040 Speaker 1: that rotation and keep an eye on what's been going 86 00:04:04,080 --> 00:04:05,839 Speaker 1: on in the bond market. We did see a more 87 00:04:05,880 --> 00:04:08,720 Speaker 1: meaningful move in treasury yield on the back of that 88 00:04:08,800 --> 00:04:11,400 Speaker 1: economic data, and it was to the downside, a four 89 00:04:11,440 --> 00:04:13,240 Speaker 1: basis point drop on the long end of the curve. 90 00:04:13,280 --> 00:04:15,560 Speaker 1: Your thirty year yield down for a basis points, similar 91 00:04:15,600 --> 00:04:17,799 Speaker 1: move for your ten year yield, your two year yield 92 00:04:17,960 --> 00:04:19,960 Speaker 1: down about two basis points. And we should point out 93 00:04:20,000 --> 00:04:21,680 Speaker 1: the move on the ten year and the thirty year 94 00:04:21,760 --> 00:04:24,159 Speaker 1: down the most meaningful drop that we've seen you on 95 00:04:24,200 --> 00:04:26,599 Speaker 1: a one day basis in at least about two months. 96 00:04:28,400 --> 00:04:32,400 Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with 97 00:04:32,480 --> 00:04:35,080 Speaker 2: us throughout the day for the latest roundup of companies 98 00:04:35,160 --> 00:04:38,240 Speaker 2: making news on Wall Street and for the latest market 99 00:04:38,279 --> 00:04:42,760 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 100 00:04:42,839 --> 00:04:46,320 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 101 00:04:46,400 --> 00:04:47,880 Speaker 2: the Bloomberg Business app.