Major Movers
Published
In pre-market trading, SPY is up 0.2%. Consumer Discretionary leads the main sectors at +1.0%, driven by Tesla up 5.3%. Health Care adds 0.3% and Financials 0.2%, while Technology is flat as chip names diverge, with AMD down 1.4% and SK hynix down 2.8% at the bottom of that sector.
Factor moves are modest, with small caps the standout as SPSM gains 0.8% versus broader factor ETFs near flat to +0.4% for MGK.
Within mega-cap growth, Tesla is the clear leader while Qualcomm (-1.2%) and AMD (-1.4%) lag.
Among other sector ETFs, IHI jumps 5.1% and SHLD gains 1.4%, while SOXX slips 0.6%.
CoreWeave is the weakest single-stock mover, falling 4.5% amid concerns over its debt load and negative free cash flow. Defense and space names are broadly firm among the gainers.
- West Pharmaceutical Services +2.8%
- EchoStar +2.6%
- Space Exploration Technologies +2.4%
- Rocket Lab +1.5%
- Kratos Defense & Security Solutions +1.4%
- CoreWeave -4.5%, on debt and cash flow concerns
- Strategy -2.9%
- Netflix -2.7%
- Nebius Group -1.3%
- Workday -1.2%
Among thematic ETFs, IFRA rises 3.0% and WCLD gains 2.0%. Regionally, EIDO tumbles 13.7% following MSCI's market classification review of Indonesia.