Tech and consumer lead US stocks higher; Utilities and energy drag down market

U.S. shares ended the day modestly larger, supported by regular beneficial properties in large-caps and renewed power in a number of development names. The Dow Jones Industrial Common rose 104.05 factors (+0.22%) to 47,954.99, whereas the S&P 500 added 13.28 factors (+0.19%) to six,870.40. The Nasdaq Composite outperformed, climbing 72.99 factors (+0.31%) to 23,578.13.

Sector efficiency was combined, with management in technology-adjacent teams and pockets of shopper power, whereas extra defensive or rate-sensitive sectors lagged. The S&P business parts ranged from modest beneficial properties to sharp declines, reflecting uneven threat sentiment heading into subsequent week’s key financial occasions.

On the company entrance, a number of high-profile shares staged robust strikes of 2% or extra, led by rebounds in software program, airways, chips, and choose retail names. Conversely, a lot of well-known names dropped greater than 2%, together with monetary know-how, shopper durables, and crypto-related equities. Momentum merchants leaned into turnaround tales however rotated out of crowded trades in high-beta or speculative tech.

Index Efficiency

• Dow industrial common: 47,954.99 (+104.05 / +0.22%)

• S&P index: 6,870.40 (+13.28 / +0.19%)

• NASDAQ index: 23,578.13 (+72.99 / +0.31%)

Prime Performers

• $5COND (Client Discretionary): 1,930.52 (+8.48 / +0.44%)

• $5INFT (Info Know-how): 5,778.77 (+26.02 / +0.45%)

• $5TELS (Telecom): 460.94 (+4.35 / +0.95%)

• SPF (Financials): 891.11 (+0.32 / +0.04%)

• $5REAS (Actual Property): 258.39 (+0.01 / +0.00%)

Laggards

• $5CONS (Client Staples): 869.65 (-2.31 / -0.26%)

• $5HLTH (Well being Care): 1,783.39 (-7.37 / -0.41%)

• $5INDU (Industrials): 1,305.49 (-3.64 / -0.28%)

• SPN (Power): 696.24 (-3.02 / -0.43%)

• $5MATR (Supplies): 554.56 (-2.18 / -0.39%)

• $5UTIL (Utilities): 437.43 (-4.35 / -0.98%)

Abstract:

Know-how and shopper discretionary set the tone on the upside, whereas utilities, vitality, and well being care weighed on market breadth. Telecom outperformance mirrored a rotation into communication-linked cyclicals. Defensive sectors lagged as Treasury yields held regular and merchants favored development pockets.

Huge-Cap & Nicely-Adopted Names

• Moderna – +8.73%

• Greenback Tree – +5.67%

• Southwest Airways – +5.64%

• Adobe – +5.34%

• Salesforce – +5.27%

• Western Digital – +4.91%

• Micron – +4.64%

• Lululemon Athletica – +3.49%

• American Airways – +3.35%

• Ciena Corp – +2.99%

• Airbnb – +2.90%

• Broadcom – +2.42%

• Macy’s – +2.37%

• Intel – +2.24%

• Palantir – +2.16%

• Fortinet – +2.04%

Narrative Abstract:

Robust periods in Adobe, Micron, Western Digital, and Broadcom level to renewed enthusiasm in AI-related and semiconductor ecosystems. Airways (LUV, AAL) rallied sharply, reflecting easing price issues and journey demand optimism. Retail noticed selective power with Greenback Tree, Macy’s, and Lululemon advancing.

Largest Drops

• Paramount Skydance – –9.82%

• SoFi Applied sciences – –6.15%

• Whirlpool – –4.86%

• Nebius NV – –4.63%

• Robinhood Markets – –3.76%

• Technique (MicroStrategy) – –3.75%

• Trump Media & Know-how Group – –3.65%

• Grayscale Bitcoin (BTC) – –3.43%

• Bitcoin Futures – –3.02%

• BTC/USD – –2.98%

• ARK Genomic Revolution ETF – –2.95%

• Netflix – –2.90%

• Papa John’s – –2.83%

• Baker Hughes – –2.81%

• Snowflake – –2.55%

• Lennar – –2.26%

Narrative Abstract:

Weak point clustered in crypto-linked names (MSTR, GBTC, BMC, BTC/USD), fintech (SOFI, HOOD), and choose shopper durables akin to Whirlpool. Netflix and Snowflake prolonged latest softness, whereas broader declines in biotech ETFs signaled risk-off sentiment in speculative development pockets