Major Movers
Published
S&P 500 is up a modest +0.2% in regular session trading, masking a wide dispersion across sectors. Energy is the clear outlier to the downside at -1.8%, while Technology leads at +0.9%, followed by Real Estate (+0.9%), Utilities (+0.6%), Materials (+0.5%), Health Care (+0.4%), and Industrials (+0.4%). Financials slip -0.4%, and Consumer Discretionary is flat at +0.0%. Within Technology, Intel (+5.4%), AMD (+3.7%), Arista Networks (+3.4%), and Oracle (+3.2%) are the standout gainers, while EPAM Systems (-3.0%), IBM (-2.7%), and Accenture (-2.0%) sit at the bottom of the sector. In Industrials, freight and logistics names are weighing heavily: J.B. Hunt drops -12.0%, Old Dominion Freight -2.2%, GXO Logistics -2.3%, UPS -1.9%, FedEx -1.7%, and Saia Inc -1.8%, while power infrastructure names including Vertiv (+2.9%), Quanta Services (+1.9%), and GE Aerospace (+1.6%) move in the opposite direction. In Financials, regional and money-center banks dominate the losers, with Robinhood (-2.6%) and American Express (-2.5%) the weakest names, while insurance and exchange stocks including Fidelity National Financial (+1.3%) and Cboe Global Markets (+1.2%) hold up. Within Energy, exploration and production names are heavily sold: Diamondback Energy drops -7.6%, with Matador Resources, Magnolia Oil & Gas, Permian Resources, SM Energy, APA Corp, EOG Resources, and ConocoPhillips all down between -3.8% and -4.5%. Baker Hughes (+0.6%) is the lone gainer in the sector.
Factor moves reflect the bifurcated session. High Beta ETF leads at +1.3%, followed by iShares MSCI USA Momentum Factor ETF (+1.1%) and S&P 500 Momentum (+0.9%). Growth and mid-cap growth factors also gain, with iShares Russell Mid-Cap Growth ETF at +0.9%. Value factors are effectively flat: S&P 500 Value at +0.0% and Vanguard Russell 1000 Value ETF at +0.0%. Dividend-oriented funds slip, with Dividend ETF at -0.3%.
Within the mega-cap growth cohort, AMD (+3.7%) and Oracle (+3.2%) lead by a wide margin. Meta Platforms (+1.5%), Nvidia (+1.1%), and Starbucks (+1.1%) also stand out to the upside. On the downside, Intuit (-2.1%), Adobe (-1.9%), Accenture (-2.0%), and American Express (-2.5%) are the most notable laggards.
Semiconductors are strong across thematic ETFs, with iShares Semiconductor ETF up +2.1% and VanEck Semiconductor ETF up +1.7%. Telecom also gains, with Telecom ETF +1.3% and iShares U.S. Telecommunications ETF +0.9%. On the other side, transportation ETFs are notably weak: Transportation ETF and iShares U.S. Transportation ETF are each down -1.2%, consistent with the freight and logistics selloff visible in Industrials. Energy-linked thematic ETFs are sharply lower, with Oil & Gas E&P ETF down -2.7%.
The iShares MSCI Taiwan ETF gains +2.4%, consistent with the broad strength in semiconductors.
First Trust Natural Gas ETF falls -3.3%, Oil & Gas E&P ETF -2.7%, and Crude Oil ETF -2.1%, reflecting broad commodity energy weakness with oil corridor disruption concerns in the news backdrop.
Among individual movers outside the main sectors, connectivity and AI infrastructure names cluster at the top. The single-stock gainers are led by optical and networking names, with CoreWeave also rising after announcing the launch of a multi-rack Nvidia Vera Rubin NVL72 cluster. On the downside, natural gas and energy names dominate the laggard list, consistent with the sector-wide selloff.
- Credo Technology Group Holding: +6.2%
- Lumentum Holdings: +5.1%
- Coherent Corp: +5.1%
- Marvell Technology: +5.0%
- CoreWeave: +4.6% - on launch of multi-rack Nvidia Vera Rubin NVL72 cluster
- Skyworks Solutions: -3.4%
- FedEx Freight: -2.8%
- Texas Pacific Land: -2.6%
- EQT Corporation: -2.6%
- Expand Energy: -2.6%