Major Movers
Published
S&P 500 ETF (SPY) is up 0.6% in the regular session.
Utilities Select leads sectors at +1.8%, driven by Constellation Energy up 13.4% after it signed a 890 MW nuclear power contract with Google. Industrials Select follows at +1.0%, with Generac the standout gainer at +4.4% and C.H. Robinson the sector's worst performer at -3.8%. Real Estate Select is up 0.9% and Technology Select up 0.8%, though Western Digital and Seagate both lag their sector, down 5.6% and 5.8% respectively. Health Care Select and Consumer Discretionary Select are each up around 0.5-0.6%, the latter lifted by cruise line names Norwegian Cruise Line, Carnival and Royal Caribbean, all up more than 3%. Materials Select is flat overall despite Corteva surging 9.7%. Energy Select is the lone sector in the red, down 0.6%.
High beta and growth factors are outperforming, with SPHB up 1.0% and SPYG up 0.9%, while SPYV is up just 0.3% and SPMO is flat.
Among mega-cap growth names, ServiceNow leads at +2.7%, Danaher +2.4%, Broadcom +2.2% and Oracle +2.1%, while Nvidia gains 1.6% to an all-time high. KLA Corp and Lam Research lag, down 2.2% and 2.0%.
Uranium ETF is up 3.0%, iShares Expanded Tech-Software Sector ETF up 2.2% and Airlines ETF up 2.0%.
Marvell Technology leads individual movers after its CEO projected fiscal 2031 revenue of $70-90 billion.
- Marvell Technology +10.1%, on revenue guidance
- Astera Labs +9.3%
- AST SpaceMobile +9.1%
- Vistra +8.9%
- Talen Energy +8.9%
- Skyworks Solutions -2.9%
- Huntington Ingalls Industries -2.3%
- DexCom -2.3%
- Copart -2.0%
- Leidos -1.9%