Tech lifted stocks higher

Key Points

• 1

  Technology stocks jumped and led the market higher.

• 2

  The Nasdaq and S&P 500 rose, while the Dow was nearly flat.

• 3

  Utilities, health care, and financials were among the weaker sectors.

• 4

  Volatility stayed low, and market sentiment remained cautious.

Sector Performance

• TechnologyGrowth companies like semiconductors & softwareTech led with a sharp gain
  +3.44%
• MaterialsSteel, chemicals, and raw materialsMaterials posted a modest gain
  +0.37%
• Consumer DiscretionaryCars, retail — things people want but don't needSmall gain amid Tesla-linked news↗Source
  +0.27%
• Consumer StaplesFood, household goods — everyday essentialsSmall rise on steady demand
  +0.24%
• Real EstateReal estate investment trusts (REITs)Real estate was nearly unchanged
  +0.02%
• Communication ServicesTelecom, media, and internet companiesSlight dip as tech drew focus
  -0.37%
• EnergyOil and gas companiesCommodity-linked shares lagged
  -0.45%
• IndustrialsAirlines, machinery, and defense companiesCyclical shares lacked strength↗Source
  -0.46%
• FinancialsBanks, insurance, and brokerage firmsFinancials weighed on the Dow
  -0.60%
• Health CareHospitals, pharma, and medical devicesHealth care was notably weak
  -0.85%
• UtilitiesElectric, water, and gas utility companiesUtilities were the weakest defensive sector
  -0.89%

Tech stood out more than other sectors.