The Dow and S&P rose for the 3rd straight session while of the NASDAQ index increase for the 2nd in a row.
Although higher, the major indices are closing near the middle of the data trading range. Yields moving higher and they slightly more hawkish Fed led to a rotation off of the highs for the day. At the bell, the major indices that showed:
- Dow industrial average rose 129.47 points or 0.26% at 49,662.66.
- S&P index rose 38.09 points or 0.56% at 6881.31.
- NASDAQ index rose 175.25 points or 0.78% at 22753.63.
- The small-cap Russell 2000 gained 12.02 points or 0.45% at 2658.60.
Looking at the S&P components, Energy led the way with a gain of 2.0%.
Energy – +2.00%
Consumer Discretionary – +1.00%
Information Technology – +0.97%
Financials – +0.78%
Materials – +0.77%
Communication Services – +0.31%
Health Care – +0.21%
Industrials – +0.01%
Consumer Staples – -0.53%
Real Estate – -1.45%
Utilities – -1.70%
Some of the big gainers today included
Cadence Design (CDNS) – +7.60%
Shopify Inc (SHOP) – +7.15%
DoorDash (DASH) – +6.99%
Moderna (MRNA) – +6.08%
Trump Media & Technology Group (DJT) – +5.75%
Block (XYZ) – +5.55%
First Solar (FSLR) – +5.54%
Micron (MU) – +5.25%
Synopsys (SNPS) – +4.80%
Papa John's (PZZA) – +4.76%
Western Digital (WDC) – +4.40%
Nebius NV (NBIS) – +4.39%
SLB NV (SLB) – +3.47%
ASML ADR (ASML) – +3.45%
Northrop Grumman (NOC) – +3.36%
Uber Tech (UBER) – +3.18%
Dollar Tree (DLTR) – +3.13%
General Motors (GM) – +3.02%
Some losers today included:
Palo Alto Networks (PANW) – -6.82%
Strategy (MSTR) – -2.66%
Worthington Industries (WOR) – -2.57%
Grayscale Bitcoin (BTC) (GBTC) – -2.22%
Boeing (BA) – -2.10%
American Airlines (AAL) – -2.05%
Ford Motor (F) – -2.02%
