Major Movers
Published
Stocks point higher in pre-market trading, with the S&P 500 ETF up 0.5%. Technology Select Sector SPDR leads at +1.5%, with chip names such as Lam Research (+3.7%), KLA Corp (+3.3%) and Applied Materials (+3.2%) pacing the group. Consumer Discretionary Select Sector SPDR adds 0.2%. Health Care Select Sector SPDR slips 0.3%, dragged by Moderna (-2.3%) and Eli Lilly (-1.0%). Energy Select Sector SPDR is the laggard at -0.4%, with Devon Energy (-1.8%) and APA Corp (-1.1%) the weakest names. Financials Select Sector SPDR and Materials Select Sector SPDR are roughly flat.
Growth-oriented factors outperform: S&P 500 Momentum +1.3%, Vanguard Growth ETF +1.1% and S&P 500 Growth +0.9%, while Dividend Aristocrats and SPDR Dividend ETF are both lower.
Within mega-cap growth, semiconductor names stand out: Broadcom and AMD both +2.6%, Analog Devices +2.0% and Qualcomm +1.8%, while most of the rest of the cohort moves modestly.
Elsewhere, Airlines ETF jumps 4.0%, iShares Semiconductor ETF +2.7%, VanEck Semiconductor ETF +2.3% and Uranium ETF +1.5%.
Chip-adjacent and AI-linked names dominate the broader gainers list, while the losers list is led by a European infrastructure name.
- Nebius Group +4.0%
- Astera Labs +3.9%
- Credo Technology +3.8%
- Teradyne +3.7%
- Sandisk +3.5%
- Waste Management -0.8%
- Marsh McLennan -0.8%
- Molson Coors -0.9%
- A. O. Smith -0.9%
- Ferrovial -1.5%
iShares A.I. Innovation and Tech Active ETF gains 2.1%. Regionally, iShares MSCI South Korea ETF surges 5.3% while iShares MSCI Indonesia ETF drops 3.1%.