S&P 500 Declines for Third Consecutive Day as Investor Sentiment Remains Cautious

Investor sentiment remains cautious as S&P 500 ended the day lower for the third consecutive session, and the evening hours suggest the markets could see more losses on Wednesday.  In the opening hour of trading, S&P e-minis and Dow Industrials are down 0.2% and Nasdaq 100 futures are down 0.3%.In commodities, WTI Crude Oil selloff is finally relenting with modest upside after the contract fell to a 4-year low of $55 in the wake of a sizable draw seen in API inventory figures.  In precious metals, Gold and Silver are coiling in tight ranges, though Platinum has now taken the spotlight with four straight days of solid gains.Energy was the worst performing name in the S&P on Tuesday amid heavy pressure from Oil prices, with Energy Select Sector SPDR ETF (XLE) at a five-week low down 3%.  Tech and Consumer Discretionary were more resilient, with semiconductor and AI-exposed names seeing greater demand.  After four sessions of gains. Health Care Select Sector ETF (XLV) also saw some profit taking,  Treasury yields slipped about 4 basis points, even though the delayed employment data for October-November was widely deemed being sufficiently neutral for the Fed to stay on hold in January.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Natuzzi S.p.A.up 4.0%ALSO HIGHER -Vir Biotechnologyup 4.5% after granting Norgine exclusive license to CHD treatment in Europe, Australia and New ZealandLeonardo DRSup 1.6% after disclosing milestone with first space data transport testDOWN AFTER EARNINGS -Worthington Enterprisesdown 7.6%Lennardown 4.2%