Major Movers
Published
SPY is down 0.4% in the regular session. Consumer Discretionary (XLY) is roughly flat at -0.1%, led by cruise lines Carnival +12.9%, Royal Caribbean +6.3% and Norwegian Cruise Line +3.3%. Technology (XLK) is also little changed at -0.2%, with Corning +4.0%, Oracle +3.8%, Applied Materials +3.2% and KLA Corp +2.7% offsetting declines in Apple -2.0% and HP Enterprise -2.4%. Industrials (XLI) is flat. Financials (XLF) are off 0.5%, with Cboe Global Markets +5.0% the standout and FactSet Research -4.2% the laggard. Materials (XLB) fall 0.9%, dragged by Nucor -3.0%. Health Care (XLV) is down 0.8%, Real Estate (XLRE) down 0.4%, and Consumer Staples (XLP) down 0.7% with Walmart -2.4%, BJ's Wholesale -2.7% and Newell Brands -3.3% among the weakest. Utilities (XLU) is the lone sector gainer, up 0.8%. Energy (XLE) is down 0.9% as Brent crude falls more than 2% on signs of recovering Middle East crude flows and President Trump says oil prices will tumble.
Factors show a modest tilt away from value: SPYV is down 0.7% versus SPYG down 0.2%, while High Beta holds up at +0.3%.
Within mega-cap growth, Oracle +3.8%, Applied Materials +3.2% and KLA Corp +2.7% lead, while Walmart -2.4% and Medtronic -2.8% lag.
Semiconductor ETFs outperform, with SOXX +1.2% and SMH +1.1%.
Among individual movers, chip and optical names dominate the gainers list while Fair Isaac posts a sharp decline.
- ARM Holdings +5.4%
- Lumentum Holdings +5.3%
- Coherent Corp +3.7%
- Marvell Technology +3.5%
- Carvana +3.3%
- Paramount Skydance -3.5%
- Voyager Technologies -4.1%
- Equifax -4.2%
- United Rentals -4.7%
- Fair Isaac -26.5%
Crude and natural gas ETFs slide alongside reserve-release headlines and easing Middle East supply concerns: USO -3.2%, UNG -3.0% and CRAK -2.3%.