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S&P 500
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From today's commentary
- Stocks slipped as Alphabet's results revived worries about AI spending. The S&P 500 fell 0.30% to 7,720.39, ending a three-day winning streak, the Nasdaq Composite lost 1.38% to 26,184.72 and the Dow fell 132.54 points (0.25%) to 52,342.56. source
- Under the surface the typical stock rallied: 406 of 501 S&P 500 tickers rose and the median stock gained 1.47%, while the cap-weighted index fell because of its largest names. Consumer cyclicals led (median +2.76%) and technology lagged. Eight of 11 sectors finished higher, led by health care (+2.5%) and real estate (+2.25%), while communication services fell 6.6%. source
Research only, not financial advice. Built Oct 29 11:51 PM PT.