U.S. stock markets closed unevenly on Tuesday, with gains concentrated in Financials, Utilities and Industrials offset by losses across Technology, Telecoms and Oil & Gas.
On the New York Stock Exchange, the Dow Jones Industrial Average rose 0.64% to close at a new all-time high. The S&P 500 ended the session down 0.57%, and the Nasdaq Composite declined 1.15%.
Large-cap movers on the Dow
Among Dow components, JPMorgan Chase & Co (NYSE:JPM) led gains, advancing 3.68% - a rise of 11.74 points to finish at 331.14. Visa Inc Class A (NYSE:V) added 2.89% or 9.37 points to close at 333.19, while Home Depot Inc (NYSE:HD) climbed 2.20% or 7.27 points to 337.09.
In contrast, several major technology names weighed on broad market averages. NVIDIA Corporation (NASDAQ:NVDA) fell 2.37%, dropping 5.04 points to 207.41 at the close. Salesforce Inc (NYSE:CRM) declined 1.72% or 2.83 points to finish at 161.72, and Microsoft Corporation (NASDAQ:MSFT) slipped 1.46% or 5.83 points to end the day at 393.93.
S&P 500 leaders and laggards
On the S&P 500, Take-Two Interactive Software Inc (NASDAQ:TTWO) was a top gainer, up 6.35% to 229.97. Moderna Inc (NASDAQ:MRNA) rose 6.27% to settle at 55.40, and Western Digital Corporation (NASDAQ:WDC) gained 4.24% to close at 681.26.
At the other end of the index, Cboe Global Markets Inc (NYSE:CBOE) dropped 9.45% to 265.24, Monolithic Power Systems Inc (NASDAQ:MPWR) fell 9.29% to 1,498.77, and Intel Corporation (NASDAQ:INTC) lost 8.45% to finish at 117.05.
Notable moves on the Nasdaq Composite
The Nasdaq’s list of extreme performers included very large percentage swings among smaller-cap and micro-cap names. AIFU Inc DRC (NASDAQ:AIFU) surged 1,790.33% to 50.85. Our Bond, Inc (NASDAQ:OBAI) climbed 106.70% to 1.11, and CCSC Technology International Holdings Ltd (NASDAQ:CCTG) jumped 89.89% to close at 1.48.
Conversely, GD Culture Group Ltd (NASDAQ:GDC) plunged 72.31% to 0.03, Tianci International Inc (NASDAQ:CIIT) slid 70.14% to 0.44, and Functional Brands Inc (OTC:MEHA) declined 56.76% to 0.01 at the close.
Market breadth and extremes
On the NYSE, advancing issues outnumbered decliners 1,402 to 1,346, with 101 stocks unchanged. The Nasdaq saw 1,363 advancers against 2,038 decliners and 193 unchanged.
Several individual equities reached notable price landmarks. Western Digital Corporation’s shares rose to new all-time highs, gaining 4.24% or 27.73 to 681.26. By contrast, Salesforce shares fell to three-year lows after a 1.72% decline to 161.72. GD Culture Group Ltd and Functional Brands Inc each fell to all-time lows, with GDC down to 0.03 and MEHA to 0.01.
Volatility, commodities and currencies
The CBOE Volatility Index, which tracks implied volatility on S&P 500 options, increased 1.30% to 16.41.
In commodities trading, Gold futures for August delivery inched up 0.07% or 2.95 to $4,354.55 a troy ounce. Crude oil prices moved lower: the July contract fell 5.14% or 4.15 to $76.60 a barrel, while the August Brent contract declined 4.52% or 3.76 to trade at $79.41 a barrel.
Currency markets were relatively steady. The euro versus the dollar was essentially unchanged, moving 0.17% to 1.16, while the dollar strengthened slightly versus the yen, with USD/JPY up 0.10% to 160.47. The US Dollar Index Futures traded down 0.08% at 99.30.
Takeaway
The session closed with a divergence across major benchmarks: the Dow reached a record high while the S&P 500 and Nasdaq ended lower. Sector-level differences were clear, with Financials, Utilities and Industrials supporting the upside in the Dow and Technology, Telecoms and Oil & Gas contributing to weakness in broader indices. A small group of stocks produced outsized percentage gains and losses, particularly among smaller-cap and micro-cap listings, highlighting continued dispersion within U.S. equity markets.