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Stock Market Today: Nasdaq, Dow Gain As Consumer Sentiment Rises for First Time in Five Months
Yahoo Finance· 2025-12-05 17:34
Market Overview - The stock market experienced fluctuations with a notable rise in the UM Consumer Sentiment Index for the first time since July, alongside positive data from September PCE and Income/Spending [2]. Movers - Praxis Precision Medicines surged by 34% to reach a 52-week high after announcing positive phase three study results for relutrigine, leading to an early termination of the study due to strong efficacy [3]. - DigitalBridge Group saw a 30.6% increase following news of its acquisition by SoftBank, indicating a strategic alignment in digital infrastructure investments [3]. - Rubrik's stock rose by 22.4% after reporting a 48% year-over-year revenue increase in its Q3 earnings, exceeding market expectations [4]. Losers - Parsons Corp's stock dropped by 25.1% after losing a significant multibillion-dollar air traffic control modernization contract to Peraton [4]. - Argan's stock fell by 12.9% following disappointing earnings reports, while SentinelOne declined by 10.1% due to a weak forecast and the departure of its CFO [5]. Energy Sector - Natural gas futures reached a 35-month high at $5.443, driven by cold weather, record exports, and the emergence of new gas-powered AI data centers, marking a 76% increase this year [7].