Markets Point Slightly Higher

Key Points

• 1

  U.S.-Iran talks showed progress before the open.

• 2

  Nasdaq and small caps rose strongly yesterday.

• 3

  Microsoft and Chevron are in focus after an energy deal.

• 4

  Fear remains high, so early gains may stay limited.

Sector Performance

• TechnologyGrowth companies like semiconductors & softwareMicrosoft power demand is in focus.↗Source
  +3.04%
• Consumer DiscretionaryCars, retail — things people want but don't needConsumer outlook may guide moves.
  +1.45%
• IndustrialsAirlines, machinery, and defense companiesLower Middle East stress may help.
  +0.73%
• UtilitiesElectric, water, and gas utility companiesData center power demand is relevant.
  +0.67%
• Communication ServicesTelecom, media, and internet companiesMay follow Nasdaq strength.
  +0.23%
• Real EstateReal estate investment trusts (REITs)Rate moves remain key.
  -0.25%
• MaterialsSteel, chemicals, and raw materialsCommodities and dollar moves matter.
  -0.40%
• Consumer StaplesFood, household goods — everyday essentialsDefensive demand may cool.
  -0.45%
• Health CareHospitals, pharma, and medical devicesDefensive trends matter today.
  -0.87%
• FinancialsBanks, insurance, and brokerage firmsRate expectations may guide moves.
  -0.89%
• EnergyOil and gas companiesChevron news offsets oil pressure.↗Source
  -1.65%

Today's open may start slightly higher.