Nasdaq Leads Modest U.S. Stock Gains as Dow Whipsaws and Energy Sinks
Market internals pointed to uneven participation.
Overview
- The major U.S. indices finished higher, with the Nasdaq up 0.48%, the S&P 500 up 0.26%, and the Dow up 0.15%.
- The Dow reversed sharply intraday after being more than 100 points higher, underscoring choppy trading.
- Breadth was weak during the session, with only 193 S&P 500 stocks set to close higher and 18 of 30 Dow components down at one point.
- Consumer discretionary and information technology outperformed, while communication services and energy lagged, with energy down about 1.91%.
- U.S. Treasury yields eased toward session lows as gold rose about 1.9%, crude oil fell roughly 3.6%, and Bitcoin gained about $1,800 to near $114,046.