Major Movers
Published
SPY is down 0.1%. Among main sectors, Financials (+0.2%) and Real Estate (+0.2%) lead, with BNY Mellon up 1.6% within financials. Technology (-0.2%) and Materials (-0.2%) lag, with Western Digital the weakest tech name at -1.2% and Nucor down 0.8% in materials. Industrials are off 0.1%, led lower by J.B. Hunt at -1.0%.
Factors are mostly flat to slightly negative, with Momentum the weakest at -0.2% and Dividend stocks the only gainer at +0.1%.
Within mega-cap growth, AMD is the laggard at -0.9%, with ServiceNow and Mastercard both down 0.5%.
Semiconductor-linked ETFs are soft, with the iShares Semiconductor ETF down 0.6% and the VanEck Semiconductor ETF and iShares Expanded Tech-Software Sector ETF both off 0.3%.
CoreWeave shares are down 2.2%, which its chief executive attributed to the market "acting irrationally." Rocket Lab is the session's sharpest decliner.
- CAE Inc. +3.7%
- BNY Mellon +1.6%
- Hexcel Corporation +1.0%
- Ulta Beauty +0.8%
- Flex Ltd. +0.7%
- Rocket Lab -7.7%
- Sandisk -2.5%
- CoreWeave -2.2%, CEO blames irrational market reaction
- Rambus -1.4%
- Redwire Space -1.1%