Tech Lifted Stocks Higher

Key Points

• 1

  Technology led the market higher.

• 2

  The Nasdaq rose 1.91%.

• 3

  The Russell 2000 rose 2.12%, showing small-company strength.

• 4

  Energy and financial shares closed lower.

• 5

  The dollar strengthened against the listed currencies.

Sector Performance

• TechnologyGrowth companies like semiconductors & softwareTech led the market higher.
  +3.04%
• Consumer DiscretionaryCars, retail — things people want but don't needIt gained with growth-sensitive shares.
  +1.45%
• IndustrialsAirlines, machinery, and defense companiesIndustrials supported the broader rise.
  +0.73%
• UtilitiesElectric, water, and gas utility companiesUtilities gained among defensive sectors.
  +0.67%
• Communication ServicesTelecom, media, and internet companiesIt rose slightly, trailing technology.
  +0.23%
• Real EstateReal estate investment trusts (REITs)Real estate did not join the rally.
  -0.25%
• MaterialsSteel, chemicals, and raw materialsMaterials shares lagged today.
  -0.40%
• Consumer StaplesFood, household goods — everyday essentialsDefensive shares lagged today.
  -0.45%
• Health CareHospitals, pharma, and medical devicesHealth care lagged as tech led.
  -0.87%
• FinancialsBanks, insurance, and brokerage firmsFinancials weighed on the market.
  -0.89%
• EnergyOil and gas companiesEnergy was the weakest sector.
  -1.65%

Tech rose today, while energy declined.