Markets closed mixed

Key Points

• 1

  The Nasdaq fell sharply.

• 2

  The Dow and small caps rose.

• 3

  Communication services was the weakest area.

• 4

  The fear gauge showed extreme fear.

Sector Performance

• EnergyOil and gas companiesEnergy outpaced the wider market.
  +0.54%
• IndustrialsAirlines, machinery, and defense companiesIndustrials rose with the Dow.
  +0.49%
• Health CareHospitals, pharma, and medical devicesHealth care steadied the market.
  +0.44%
• TechnologyGrowth companies like semiconductors & softwareTech edged up despite Nasdaq weakness.
  +0.37%
• Real EstateReal estate investment trusts (REITs)Real estate rose despite caution.
  +0.36%
• FinancialsBanks, insurance, and brokerage firmsFinancials helped the Dow.
  +0.24%
• UtilitiesElectric, water, and gas utility companiesUtilities were nearly flat.
  -0.09%
• MaterialsSteel, chemicals, and raw materialsMaterials slipped modestly.
  -0.37%
• Consumer StaplesFood, household goods — everyday essentialsDefensive names also weakened.
  -1.34%
• Consumer DiscretionaryCars, retail — things people want but don't needIt fell with growth shares.
  -1.89%
• Communication ServicesTelecom, media, and internet companiesIt had the steepest drop.
  -2.37%

Sector results were mixed today.