Major Movers
Published
SPY is flat. Energy is the standout sector, with XLE up 1.6% as crude benchmarks jump on reports of tanker attacks in the Strait of Hormuz and warnings from Saudi Aramco's CEO that global oil inventories are stretched thin. Technology lags at -0.8%, weighed by broad semiconductor weakness, while Consumer Discretionary is off 0.5% with Chipotle Mexican Grill down 4.6% after the company declined to comment on market rumors. Health Care is up 0.3%, led by Medtronic (+4.4%) and Biogen (+2.8%, its biggest intraday jump since July).
Factors show a risk-off tilt: High Beta is down 1.3%, Momentum factors down roughly 1%, while Value holds a slight gain.
Within mega-cap growth, Meta Platforms (+3.6%) and Salesforce (+3.1%, after a Bank of America upgrade to buy with a higher price target) lead, while Nvidia, AMD, Oracle, Adobe and Lam Research all fall between 0.9% and 2.6%.
Elsewhere, Health Equipment (+2.9%) and Oil & Gas E&P (+1.7%) outperform, while Semiconductor ETFs and Uranium lag, down 1.8% to 2.2%.
Semiconductor and optical names dominate the downside among individual movers, while small-cap gainers are led by space and software names.
- ASTS +4.1%
- SHOP +3.6%
- TYL +3.0%
- FICO +2.3%
- TLN +2.3%
- ENTG -4.4%
- CRDO -4.5%
- CIEN -5.4%
- LITE -5.5%
- SNDK -6.1%