Major Movers
Published
SPY is up 0.2% pre-market. Financials (+0.1%) are led by Goldman Sachs (+0.8%) and JPMorgan Chase (+0.7%) even after Jefferies cut price targets on both. Technology (+0.3%) is mostly higher, though SK Hynix is down 2.5%, extending a reported 3.2% decline. Materials and Utilities constituents are led by Corteva (+3.1%) and Constellation Energy (+3.1%). Energy is the weak spot at -0.6% as crude futures slide amid reports of a widening Middle East supply disruption.
Factor readings skew defensive: USMV and EFAV are both up 0.5%, while small caps (SPSM) lag at -0.2%.
Among mega-cap growth names, ServiceNow (+1.3%), Salesforce (+1.2%) and AMD (+1.1%) stand out, with AMD's chief executive saying the company is coordinating with memory suppliers and expects strong demand for several years.
EUFN (+2.1%) and KBWB (+1.0%) are outperforming the broader financial sector.
Individual movers show no shared sector pattern.
- Skyworks Solutions +1.9%
- EchoStar +1.8%
- BWX Technologies +1.7%
- Autodesk +1.4%
- Shopify +1.4%
- Sandisk -0.8%
- Iridium Communications -0.5%
- BNY Mellon -0.5%
- Ferguson Enterprises -0.4%
Among thematic ETFs, POWR (+2.5%) and IFRA (+2.3%) are both sharply higher. In fixed income, SPLB is up 2.3%. Regionally, KSA jumps 5.4% and VNM gains 3.0%, while BNO falls 2.1% as oil prices decline.