Major Movers
Published
SPY is down 1.0% as Technology leads sector losses at -2.7%, pressured broadly across semiconductors and software, while Utilities gains 1.3% and Energy jumps 2.2% as US crude pushes above $100 a barrel on Middle East supply concerns and a Russian refinery outage. Financials and Industrials are flat. Within Energy, Matador Resources leads at +5.8%; within Technology, HP Enterprise is the laggard at -5.9%.
Factors confirm the risk-off tilt: High Beta falls 3.0%, Momentum 2.3%, and Growth 1.7% to 2.0%, while Value is roughly flat at -0.2%.
Mega-cap growth is broadly lower. ServiceNow drops 5.1% and AMD falls 4.7%, while RTX Corp is the best performer at +3.0%.
Among other sector ETFs, software and biotech are hit hardest, with the software ETF down 5.1% and biotech down 3.6%, while oil and gas producer and energy infrastructure funds each gain more than 2%.
Energy producers are broadly higher on the crude rally, while cloud, AI and data-center linked names are under heavy pressure.
- Karman Holdings +5.1%
- Honeywell Aerospace +3.4%
- Targa Resources +3.4%
- EQT Corporation +3.4%
- Kinder Morgan +3.4%
- Datadog -8.2%
- Strategy Inc -9.7%
- Super Micro Computer -9.8%
- Nebius Group -10.2%
- CoreWeave -11.9%
Thematic software and AI ETFs are sharply lower, with the cloud computing fund down 5.7% and cybersecurity funds down nearly 5%. Regionally, the iShares MSCI Indonesia ETF drops 14.3%. Natural gas futures fall 3.5% after force majeure was lifted, while crude oil funds rise more than 2.5%.