Major Movers
Published
SPY is roughly flat pre-market at -0.1%, with sectors mixed. Technology is the weakest major sector at -0.5%, dragged by semiconductor names, while Energy (+0.2%), Industrials (+0.2%) and Health Care (+0.2%) are modestly higher. Consumer Staples is flat overall but Constellation Brands is down 5.1% within the sector after guiding fiscal year adjusted earnings to $11.20-$11.90 and flagging organic net sales growth of -1% to +1%.
Factors show a mild defensive tilt: High Beta is the weakest at -0.5%, followed by Momentum (-0.4%) and S&P 500 Momentum (-0.3%), while Dividend and Top 50 factors hold up better.
Within mega-cap growth, Eli Lilly leads at +0.6% while chip names lag: Applied Materials -2.2%, Lam Research -2.0%, KLA Corp -1.8%, Oracle -1.5%, AMD and Broadcom each -1.1%. The semiconductor weakness extends to the sector level, with SMH -1.1% and SOXX -1.2%.
Among the overall gainers and losers list, moves are broad-based without a clear single catalyst pattern, though the losers' list leans toward semis and industrials-adjacent names.
- Live Nation Entertainment +1.4%
- Trane Technologies +1.0%
- NetFlix +0.8%
- Kroger +0.7%
- Pfizer +0.6%
- Strategy Inc -3.4%
- Curtiss-Wright -3.1%
- Ciena -2.8%
- Teradyne -2.6%
- Coherent -2.6%
WisdomTree Artificial Intelligence and Innovation Fund is down 2.3%. In fixed income, SPDR Portfolio Intermediate Term Treasury ETF is off 3.5% as the 30-year Treasury yield rises to 5.70%, its highest since 2002. Among commodities, the Silver ETF is down 2.0%.