U.S. equities ended Tuesday's session with a split tape, as strength in several cyclical and tech-related sectors was countered by pullbacks in energy and defensive areas.
At the close on the NYSE, the Dow Jones Industrial Average declined 0.07%. The broader S&P 500 slipped 0.21%, while the NASDAQ Composite registered a small gain of 0.01%.
Index movers and sector backdrop
Gains were concentrated in the Telecoms, Technology and Basic Materials sectors, which lifted a number of individual names. Offsetting those advances, the Oil & Gas, Healthcare and Utilities sectors weighed on the market overall.
Top contributors on the Dow
- 3M Company (NYSE:MMM) led gains among Dow components, rising 2.39% or 3.62 points to close at 155.25.
- Cisco Systems Inc (NASDAQ:CSCO) added 1.97% or 1.51 points to finish at 77.72.
- Caterpillar Inc (NYSE:CAT) climbed 1.68% or 11.86 points to end the day at 716.68.
Largest decliners on the Dow
- Boeing Co (NYSE:BA) paced losses, falling 3.23% or 7.26 points to close at 217.74.
- Salesforce Inc (NYSE:CRM) declined 1.95% or 3.88 points to end at 194.91.
- Chevron Corp (NYSE:CVX) was down 1.66% or 3.15 points to 186.29.
S&P 500 standouts
- Vertex Pharmaceuticals Inc (NASDAQ:VRTX) led the S&P 500 gainers, rising 8.27% to 499.00.
- Enphase Energy Inc (NASDAQ:ENPH) climbed 6.78% to settle at 43.63.
- Corning Incorporated (NYSE:GLW) gained 5.56% to close at 136.22.
S&P 500 laggards
- Centene Corp (NYSE:CNC) fell 15.99% to 36.39 in late trade.
- Fair Isaac Corporation (NYSE:FICO) dropped 10.83% to settle at 1,285.15.
- Paramount Skydance Corp (NASDAQ:PSKY) declined 7.55% to 10.35 at the close.
Notable moves on the NASDAQ Composite
- Classover Holdings Inc (NASDAQ:KIDZ) posted an outsized percentage increase of 4,583.33% to 2.81.
- PMGC Holdings Inc (NASDAQ:ELAB) gained 522.47% to settle at 4.45.
- Agape ATP Corp (NASDAQ:ATPC) rose 86.63% to close at 3.77.
On the downside for the NASDAQ, Golden Sun Education Group Ltd (NASDAQ:GSUN) was down 49.30% to 0.51, Arq Inc (NASDAQ:ARQ) lost 48.44% to settle at 1.65 and U Power Ltd (NASDAQ:UCAR) declined 46.59% to 0.71.
Market breadth and unusual low/highs
On the New York Stock Exchange, declining issues outnumbered advancers by 1,458 to 1,284, with 83 stocks unchanged. The Nasdaq showed 1,701 advancers and 1,698 decliners, while 179 issues finished unchanged.
Several names moved to record or multi-month extremes during the session. Shares in Classover Holdings Inc (NASDAQ:KIDZ) rose to all time lows, up 4,583.33% or 2.75 to 2.81. Golden Sun Education Group Ltd (NASDAQ:GSUN) fell to all time lows, down 49.30% or 0.49 to 0.51. Arq Inc (NASDAQ:ARQ) declined to 52-week lows, losing 48.44% or 1.55 to 1.65. U Power Ltd (NASDAQ:UCAR) fell to all time lows, losing 46.59% or 0.62 to 0.71.
Volatility, commodities and currencies
The CBOE Volatility Index, which gauges implied volatility of S&P 500 options, fell 2.31% to 24.91.
In commodities trading, Gold Futures for April delivery were reported up 1.93% or 98.66 to $5,202.36 a troy ounce. Crude oil for April delivery declined 8.72% or 8.26 to hit $86.51 a barrel, while the May Brent oil contract fell 8.27% or 8.18 to trade at $90.78 a barrel.
On the FX front, EUR/USD was unchanged 0.18% at 1.16, and USD/JPY rose 0.16% to 158.03. The US Dollar Index Futures was reported down 0.28% at 98.90.
This session reflected a market where sector rotations and large single-name moves created a mixed overall market outcome, with indexes finishing close to the flat line despite notable intraday swings across commodities and individual equities.