Major Movers
Published
SPY is down 0.4% after-hours. Consumer Staples leads the main sectors at +1.0%, with Health Care and Materials each +0.8%. Technology is the weakest sector at -0.9%, dragged by Salesforce at -6.0%, while KLA Corp leads the group at +3.5%. Industrials is flat.
Momentum is soft across factors: Momentum ETF -1.3%, Vanguard Growth ETF -1.0%, S&P 500 Growth -0.7%, while value and dividend factors hold up better, with the Dividend ETF +0.4% and Equal Weight S&P 500 +0.3%.
Mega-cap growth names are broadly weaker, led down by ServiceNow at -18.2% and both Alphabet share classes off more than 10%, alongside Salesforce -6.0%. KLA Corp +3.5%, Gilead Sciences +2.9% and Microsoft +2.7% buck the trend.
Software and semiconductor-linked ETFs are under pressure: iShares Expanded Tech-Software Sector ETF -4.1%, iShares Semiconductor ETF -2.2%, State Street Communication Services Select Sector SPDR ETF -2.0% and VanEck Semiconductor ETF -1.6%.
Cybersecurity names are sharply lower across the board, pulling related thematic funds down with them, while Lumentum Holdings stands out as the top gainer.
- Lumentum Holdings +9.3%
- Carvana +6.8%
- Coherent Corp +4.2%
- Nordson Corporation +3.5%
- Ferrovial +3.2%
- Fortinet -24.3%
- Marvell Technology -8.6%
- Palo Alto Networks -6.6%
- CrowdStrike Holdings -6.0%
- Tyler Technologies -6.0%
Two cybersecurity-focused ETFs are each down 4.1%, and Global X Cybersecurity ETF is off 6.9%. iShares MSCI New Zealand ETF is down 2.1%.
© Raydn · raydn.us