Major Movers
Published
Pre-market, SPY is up 0.2%. Among main sectors, Energy and Financials lead at +0.4% each, followed by Health Care +0.3% and Real Estate +0.2%. Technology is the laggard at -0.1%, with Consumer Discretionary and Materials roughly flat. Within Financials, BlackRock leads at +1.6% while Bank of America is the worst performer at -1.4%, after the US Treasury's OFAC unit settled sanctions violations with the bank for $11.66 mln and separate reports of a $1.2 billion fine over money laundering failures. Within Technology, HP Enterprise (-3.8%), NetApp (-3.5%) and SK hynix (-2.9%) are the weakest names in an otherwise mixed group.
Factors show a growth tilt: Mega Cap Growth ETF +0.6% and State Street SPDR Portfolio S&P 600 Small Cap ETF +0.6% lead, while S&P 500 Momentum -0.1% and iShares MSCI Intl Momentum Factor ETF -0.5% lag.
Within mega-cap growth, BlackRock tops the cohort at +1.6% and Bank of America is the weakest at -1.4%, with AMD also soft at -0.7%.
Among other sector ETFs, Biotech ETF (XBI) is up 0.7% while semiconductor-focused funds lag, with VanEck Semiconductor ETF and iShares Semiconductor ETF both down 0.5%.
Single stock movers are led by Elbit Systems, up 4.5%, with Trane Technologies and Pentair also higher. On the downside, Dell Technologies, Sandisk and CoreWeave post the sharpest declines.
- Elbit Systems +4.5%
- Trane Technologies +2.1%
- Pentair +1.5%
- Hershey Company +1.2%
- PDD Holdings +1.1%
- Lennox International -1.5%
- Leonardo DRS -1.5%
- CoreWeave -2.1%
- Sandisk -2.5%
- Dell Technologies -3.0%