Major Movers
Published
SPY is roughly flat at +0.1%. Energy leads sectors at +1.8% as crude jumps, followed by Industrials +0.8% and Technology +1.0%, where Accenture surges +18.2%. Health Care is the weakest sector at -1.3%, with Repligen down -6.5% and Danaher off -3.2%. Materials slips -0.4%, dragged by Corteva's sharp decline after fifteen states sued the company over its Vylor seed spinoff, alleging it was structured to shed PFAS liabilities. Financials -0.1% and Consumer Discretionary -0.1% are little changed, while Real Estate -0.5% and Consumer Staples -0.3% lag modestly.
Factors show a mild risk tilt: High Beta +1.4% and Momentum +0.9% outpace Value, which is flat.
Within mega-cap growth, Accenture stands out, alongside Applied Materials +3.9% and Lam Research +3.2%, while Regeneron and Vertex Pharma each fall -2.4%.
Elsewhere, software and semiconductors are firm, with the Software ETF +2.8% and Semiconductor ETF +1.8%, while iShares MSCI Europe Financials ETF drops -3.0%.
Chip and networking names dominate the gainers list, consistent with the strength seen across semiconductor ETFs, while the losers list is led by media and consumer names.
- FICO +12.7%
- Coherent Corp +11.1%
- Lumentum Holdings +8.0%
- Credo Technology Group +7.1%
- Ciena +6.8%
- Estée Lauder -3.4%
- Fox Corporation -3.4%
- Applovin -4.0%
- TKO Group Holdings -4.4%
- Paramount Skydance -7.4%
WisdomTree Cloud Computing Fund gains +2.2%. Regional weakness is broad across Europe and Mexico, with iShares MSCI Mexico ETF -2.8%, iShares MSCI Poland ETF -2.8%, iShares MSCI Italy ETF -2.7% and iShares MSCI Spain ETF -2.5%. Commodities show oil sharply higher, with Brent Oil ETF +5.0% and Crude Oil ETF +3.4%, while iShares Lithium Miners and Producers ETF falls -3.3%.