Notes
What moved the market, written from the numbers on wmtmt.com after every close. Daily after the bell, a review on Fridays. By the founders of Babylon Burns.
Visa and Caterpillar Split the Dow While Chip Weakness Caps the Nasdaq's Gains
The S&P 500 climbed on broad participation this week, but the Dow's gain rode almost entirely on Visa while Caterpillar cut deep, and the Nasdaq 100 barely moved as chip and semiconductor names offset strong gains from Amazon and the Microsoft group.
Goldman and Microsoft Push the Dow to a Large Gain While Telecoms Sink Communication Services
The S&P 500 added 46.18 points as Microsoft and Amazon did the heavy lifting, but a double-digit telecom selloff kept the index's advance in check even as the Dow logged one of its biggest days in a year.
Nvidia-Led Chip Weakness Drags the S&P 500 and Nasdaq 100 Even as Most Stocks Advance
A handful of semiconductor and mega-cap names outweighed broad gains across the market, leaving the S&P 500 and Nasdaq 100 lower while advancers outnumbered decliners.
Caterpillar's Slide Sinks the Dow While the S&P 500 and Nasdaq 100 Barely Move
A single Caterpillar drop pulled the Dow down nearly 350 points even as the S&P 500 and Nasdaq 100 closed the session essentially flat.
Caterpillar's Weight Lifts the Dow as Broadcom and Cisco Drive Gains Elsewhere
The S&P 500 and Nasdaq 100 climbed on broad mega-cap and chip strength while storage and chip-equipment names lagged, and a single Caterpillar gain did most of the Dow's work.
A New Nasdaq 100 Name Leads the Day's Gains While Visa and Microsoft Power the Dow
The S&P 500 added 51.23 points on broad, if unspectacular, participation, while a freshly listed Nasdaq 100 member supplied the single biggest point contribution of the session.
A Narrow S&P, a Battered Dow, and a Chip-Led Nasdaq Close Out September
Chip names pushed the Nasdaq 100 higher while Goldman Sachs, Johnson & Johnson, and a cluster of financials and healthcare names pulled the Dow and S&P lower over the week.
Caterpillar's Surge Lifts the Dow While Storage Stocks Sink Beneath a Rising Nasdaq 100
A handful of names drove each index in different directions, with Caterpillar carrying the Dow and double-digit losses in storage stocks failing to stop the Nasdaq 100's climb.
Chip Names Lift the Nasdaq 100 While Alphabet Weighs on Every Major Index
Semiconductor strength carried the S&P 500 and Nasdaq 100 to modest gains while the Dow sat nearly flat beneath a sharp internal split.
Goldman Sachs and Caterpillar Sink the Dow While Apple and Alphabet Push the Nasdaq 100 Higher
The S&P 500 slipped modestly as financial and industrial weakness outweighed mega-cap tech strength, a split that dragged the Dow down sharply while the same tech names lifted the Nasdaq 100 into the green.
Apple's Slide Pulls the Dow and S&P 500 Lower While Chip Equipment Names Lift the Nasdaq 100
A steep drop in Apple weighed on the Dow and the S&P 500 even as Meta, Broadcom, and a run of semiconductor equipment makers kept the Nasdaq 100 in the green.
Boeing and Goldman Sachs Drag the Dow While Meta and Tesla Weigh on the Nasdaq 100
All three major indexes closed lower on broad selling, with mega-cap technology and a pair of Dow industrials doing most of the damage.
Chipmakers and Meta Drive the Week While the Dow Leans on Two Names
The S&P 500 gained 92.91 points as AMD, Micron and Meta carried a narrow advance, the Dow needed Amgen and Microsoft just to stay positive, and Utilities and Energy closed out the week's laggards.
Microsoft and Caterpillar Lift the Dow to a Large Gain While Meta Weighs on the Nasdaq 100
The Dow's advance stood out from a more modest S&P 500 gain as Microsoft powered all three indexes while Meta and a cluster of software and chip names pulled the Nasdaq 100 back.
Meta and Alphabet Offset Chip Weakness While Goldman and Caterpillar Drag the Dow Lower
The S&P 500 finished essentially unchanged as communication services strength balanced technology and industrial weakness, while the Dow fell on losses concentrated in a small handful of names.
Alphabet and Broadcom Weigh on a Flat S&P 500 as Software Names Provide Cover
Gains in Meta, Palantir, and cybersecurity names offset a heavy Alphabet and chip-sector drag, leaving the major indexes essentially unchanged on the day.
Micron and Alphabet Pull the Nasdaq 100 Higher While Financials Drag the Dow
The S&P 500 finished essentially unchanged as chip strength lifted the Nasdaq 100 and a financials-led slide pulled the Dow lower.
Meta, AMD, and Intel Surge Push the S&P 500 and Nasdaq 100 to Large Gains While the Dow Lags
Chip and media stocks drove the S&P 500 and Nasdaq 100 to some of their largest moves of the past year, while Goldman Sachs and Chevron pulled the Dow in opposite directions and left it well behind.
Goldman Sachs Drags the Dow While Alphabet Lifts the Nasdaq in a Split Week
The S&P 500 finished almost exactly where it started as a Goldman Sachs slide sank the Dow and an Alphabet surge carried the Nasdaq 100 the other way.
Nvidia and Micron Lift the S&P 500 and Nasdaq 100 While the Dow Slips on Goldman and IBM
A handful of chip and mega-cap names pulled the S&P 500 and Nasdaq 100 higher even as more than half their members finished lower, while the Dow fell on losses in Goldman Sachs and IBM.
Micron and Nvidia Push the S&P 500 to a Large Move as the Dow Lags Behind
Chip and megacap strength drove the S&P 500 and Nasdaq 100 to their biggest gains in months while Caterpillar and Goldman Sachs did the heavy lifting for a more modest Dow advance.
Goldman Sachs Drags the Dow Lower While Chip Strength Keeps the Nasdaq 100 Flat
The S&P 500 slipped on broad but shallow selling, the Dow took a sharp hit from a single bank stock, and the Nasdaq 100 held almost dead flat as chipmakers offset megacap tech weakness.
Microsoft and Amazon Lead a Broad but Modest Wall Street Pullback
The S&P 500, Dow and Nasdaq 100 all slipped as megacap tech names weighed on the tape while energy and chipmakers held their ground.
Alphabet's Rally Offsets a Chip Slide Across the S&P 500, Dow and Nasdaq 100
A broad but modest decline saw most stocks higher even as Nvidia, Broadcom and other chipmakers pulled the major indexes lower.
Amgen's Slide Drags the Dow While the S&P and Nasdaq Hold Up Better
Health care led losses across all three major indexes this week, with Amgen's decline hitting the Dow hardest while Apple's gains provided the biggest offset.
Caterpillar and IBM Lead a Broad Dow Rally While Chipmakers and UnitedHealth Weigh on the Nasdaq 100
The S&P 500 and Dow both posted their strongest sessions in months as industrials and megacap tech pushed higher, even as storage and health care names pulled the other way.
Apple's Surge Offsets a Chip Selloff That Narrows the Dow and Drags the Nasdaq 100
A concentrated slide in semiconductor names outweighed Apple's biggest points contribution of the week, leaving the major indexes lower on thin breadth.
Alphabet's Slide Drags the Dow While Meta's Surge Cushions the S&P 500 and Nasdaq 100
A broad but modest decline left the S&P 500 and Dow lower while Meta's 6.55% jump kept the Nasdaq 100's loss the smallest of the three.
Amgen's Slide Sinks the Dow While Chipmakers Cushion the S&P 500 and Nasdaq 100
A single health care stock did most of the Dow's damage today while Nvidia's drop weighed on the S&P 500 and Nasdaq 100 even as chip and EV names pushed back.
Nvidia and Memory Chips Offset Alphabet and Microsoft in a Split Week for Stocks
The S&P 500 closed nearly flat for the week as gains in Nvidia, Meta and memory chipmakers canceled out losses in Alphabet, Microsoft and Amazon, even though fewer than half the index's members rose.
Apple and Tesla Losses Pull the S&P 500 Down While Micron Lifts a Divided Nasdaq 100
A slide in Apple, Microsoft and Tesla dragged the S&P 500 and Dow lower even as Micron's surge kept the Nasdaq 100 in positive territory.
A Broad Rally Lifts the Dow While Amphenol's Plunge Caps the S&P 500's Gain
Goldman Sachs led a broad Dow advance while a steep single-stock decline in Amphenol held back the S&P 500's otherwise widespread gain.
Nvidia Lifts the Dow and S&P 500 While Cybersecurity Names Drag the Nasdaq 100
A single-stock gain in Nvidia carried the major indexes higher even as Palo Alto Networks and Palantir pulled the Nasdaq 100's advance to almost nothing.
Goldman Sachs and Caterpillar Sink the Dow While Apple Cushions a Broader Tech Slide
All three major indexes fell as megacap tech gave back ground, but Apple's strength and a narrow band of Dow decliners produced sharply different shapes across the S&P 500, the Dow, and the Nasdaq 100.
Nvidia and Tesla Lift the Nasdaq 100 While Alphabet and Amazon Drag the Dow and S&P 500 Lower
The S&P 500 and Dow both slipped as Alphabet, Amazon, and Microsoft weighed on the broad market, but the same names left the Nasdaq 100 roughly flat once Nvidia and Tesla were added back in.
Salesforce and Microsoft Carry the Major Indexes While Fewer Than Half Their Stocks Rise
A top-heavy week left the S&P 500, Dow, and Nasdaq 100 higher on a handful of megacaps even as breadth and equal-weight returns lagged behind the headline gains.
Amazon and Apple Offset a Nvidia Slide That Hits the Nasdaq 100 Harder Than the Dow
The S&P 500 slipped 19.23 points as a handful of mega-cap winners masked losses spreading through the majority of its members.
Salesforce and Nvidia Carry Their Indexes While Most Stocks Fall Behind
A single stock powered the Dow's advance and a single stock powered nearly a third of the Nasdaq 100's, leaving breadth thin across the market.
A Flat Headline on the S&P 500 Masks a Split Between Goldman Sachs and Apple
The S&P 500 barely moved as Nvidia, Eli Lilly and Alphabet's losses offset gains in Apple and Microsoft, while the Dow fell hard on Goldman Sachs and the Nasdaq 100 inched higher on the same names that dragged the Dow down.
Nvidia and Goldman Sachs Lead a Narrow Advance as Energy and Staples Slide
The S&P 500, Dow, and Nasdaq 100 all closed higher on Tuesday, but the gains leaned heavily on a handful of names while energy and consumer staples pulled the other way.
Chip Weakness Pulls the Nasdaq 100 Down While the Dow and Consumer Staples Hold Firm
A slide in Nvidia, Micron, Broadcom, Tesla and AMD dragged the Nasdaq 100 sharply lower even as most S&P 500 stocks finished higher and the Dow closed at a fresh high.
Chipmakers and Industrials Slide While Health Care Rallies to Cushion the Week
The S&P 500 fell 1.43% as Nvidia, Broadcom and AMD dragged tech lower, even as Eli Lilly, Merck and Amgen powered a health care rebound.
Goldman Sachs Drives a Big Dow Day While the S&P 500 and Nasdaq 100 Lag
The Dow's 517-point gain outran the S&P 500 and Nasdaq 100, with Goldman Sachs alone worth nearly half the index's advance.
Walmart's Slide and a Health Care Rout Pull the S&P 500 Lower
A double-digit drop in Walmart shares helped drag the Dow, the S&P 500, and the Nasdaq 100 down together while health care led every sector to the downside.
Merck and Amgen Carry the Dow While Broadcom Drags the Nasdaq 100 Lower
The S&P 500 edged up 16.22 points as pharma strength offset chip weakness, while the same chip names split the Dow and Nasdaq 100 into opposite directions.
Chip Stocks Pull the Nasdaq 100 and S&P 500 Lower While Caterpillar Sinks the Dow
Nvidia, Micron and Broadcom led broad semiconductor weakness across the major indexes, while Caterpillar's slide dragged the Dow down even as most of its components rose.
Microsoft and Meta Weigh on the S&P 500 While Chip Equipment Names and Caterpillar Push Back
A narrow slate of mega-cap tech names pulled the S&P 500 and Nasdaq 100 lower while Caterpillar and semiconductor equipment makers absorbed most of the damage.
Chip Gains and an Energy Surge Lift the S&P and Nasdaq While the Dow Falls on Home Depot and Travelers
A week of broad gains beneath the surface pushed the equal-weighted S&P higher even as a handful of mega-cap losses held the headline index to a small advance, while the Dow fell on housing, insurance, and industrial names.
Broadcom's Slide Splits Chipmakers as the Dow Falls Faster on Salesforce Weakness
The S&P 500 and Nasdaq 100 slipped modestly as Broadcom's drop offset gains in AMD, Micron and other chip names, while the Dow fell further on Salesforce and Goldman Sachs weakness.
A Broad Rally Lifts the S&P 500 and Nasdaq 100 While Cisco's Plunge Holds the Dow Near Flat
The S&P 500 gained 0.65% and the Nasdaq 100 jumped 1.15% on broad participation, while an 8.4% drop in Cisco kept the Dow near flat.
Nvidia and SpaceX Carry the Nasdaq 100 While Home Depot and Microsoft Pin the Dow to Flat
The S&P 500 edged higher on chip strength even as Microsoft, Home Depot and a cluster of consumer names pulled the Dow into the red.
Alphabet's Slide Drags the Dow and Nasdaq 100 Lower While the S&P 500's Broader Breadth Holds Up
A steep drop in Alphabet shares set the tone for the major indexes, but more S&P 500 stocks rose than fell even as the index closed lower.
Nvidia's Slide Pulls the Dow and Nasdaq 100 Lower While Chevron and Microsoft Keep the S&P 500 Near Flat
A quiet session saw chipmakers weigh on all three major indexes while energy and a handful of mega-cap tech names absorbed most of the damage.
Nvidia and Microsoft Lead a Broad Weekly Rally as Energy Lags
All three major indexes rose for the week ended August 7, with chipmakers and megacaps doing the heaviest lifting and energy the only sector sector-wide sore spot.
SpaceX and Nvidia Power a Nasdaq 100 Surge While Caterpillar Weighs on the Dow
The S&P 500 added 47.68 points on gains concentrated in a handful of large-cap movers, while the Dow's advance lagged behind a heavy Caterpillar decline.
Goldman Sachs and Caterpillar Drag the Dow Down While Microsoft Cushions the S&P 500 and Nasdaq 100
The S&P 500 slipped a modest 0.18% as Microsoft's gain offset losses in Alphabet, AppLovin and Datadog, while the Dow fell harder on Goldman Sachs and Caterpillar.
Amgen Lifts the Dow While Alphabet's Two Share Classes Drag the S&P 500 and Nasdaq 100 Lower
A split session saw the Dow gain on health care and industrial strength while Alphabet's slide pulled the S&P 500 and Nasdaq 100 into the red.
Caterpillar, Palantir and a Chip Rally Send All Three Major Indexes Sharply Higher
The S&P 500 gained 136.02 points, the Dow added 907.59, and the Nasdaq 100 jumped 3.32% as chipmakers, Palantir and Caterpillar led a broad advance.
Microsoft, Alphabet and Boeing Push a Broad Rally Across the S&P 500, Dow and Nasdaq 100
All three major indexes closed sharply higher on wide breadth, with megacap technology and an 8% jump in Boeing doing the heaviest lifting.
Caterpillar and Goldman Sachs Sink the Dow While Chipmakers Pull the Nasdaq 100 Down
A broad, red session sent all three major indexes lower, with industrial and chip names doing the most damage and Alphabet's two share classes among the only names adding points anywhere.
Chipmakers Drag the Nasdaq 100 Even as Alphabet and Apple Keep the S&P 500 Flat
The Dow climbed on Salesforce and Sherwin-Williams while Nvidia's slide split the Nasdaq 100 from a nearly unchanged S&P 500.
Alphabet's Slide and a Split AI Trade Send the Index Lower Even as Breadth Holds Up
The S&P 500 slipped for a second straight week as Alphabet, Tesla and Amazon did the damage while chipmakers and industrials quietly held the average stock in positive territory.
Apple's Rally Lifts the Dow While Chipmakers Pull the Nasdaq 100 Lower
A big Apple gain split the major averages apart, with the Dow up on it, the S&P 500 barely moving, and the Nasdaq 100 sliding on chip losses.
Nvidia and Broadcom Cushion a Narrow Nasdaq 100 Slide as SpaceX and Alphabet Lead the Losses
The S&P 500 slipped fractionally and the Dow closed almost dead flat, but the Nasdaq 100 fell harder as SpaceX and Alphabet's two share classes outweighed chip-stock gains.
Apple's Slide Weighs on the Dow and S&P 500 While Microsoft and Alphabet Hold the Nasdaq 100 Near Flat
A steep Apple decline dragged the Dow and S&P 500 lower, but gains in Microsoft, Alphabet and Broadcom kept the Nasdaq 100 essentially unchanged.
IBM's 26% Slide and a Chip Selloff Drag the Week Lower Despite Broad Gains Elsewhere
The S&P 500 fell 1.55% for the week even as most of its members rose, while an outsized IBM decline sank the Dow and semiconductor weakness pulled the Nasdaq 100 down more than 4%.
Travelers' Surge Cushions the Dow as Nvidia and Alphabet Lead a Broader Nasdaq 100 Slide
A concentrated handful of mega-cap decliners pulled all three major indexes lower, while a 9.22% jump in Travelers kept the Dow's loss the smallest of the day.
Goldman Sachs Leads a Narrow Dow Decline as Alphabet and Chipmakers Weigh on the S&P 500 and Nasdaq 100
A handful of mega-cap laggards, led by Goldman Sachs and Alphabet, outweighed positive breadth across all three major indexes.
Goldman Sachs and Nvidia Carry the Tape as IBM's 25 Percent Drop Flattens the Dow
A Goldman Sachs surge and a broad chip rally lifted the S&P 500 and Nasdaq 100 while an IBM plunge held the Dow to a near-flat close and Health Care led sector losses.
Nvidia-Led Chip Slide Pulls the Nasdaq 100 Down Nearly 2 Percent as Caterpillar Weighs on the Dow
The S&P 500 fell 0.79% on broad chip weakness while Energy was the only sector to post a meaningful gain.
Chipmakers Carry the Week While the Average Stock Falls Behind
Nvidia, Broadcom and Meta drove the S&P 500 and Nasdaq 100 higher on the week even as equal-weighted measures of both indexes finished lower and the Dow dropped on losses in Sherwin-Williams, Home Depot and Visa.
Nvidia and Meta Lift the S&P 500 as Caterpillar Carries the Dow and IBM Drags
A modest, narrow session saw chipmakers and Meta do the heavy lifting across the S&P 500 and Nasdaq 100 while the Dow split between an industrial gain and a tech-services loss.
Meta, Broadcom and a Chip Trio Drive the Nasdaq 100 to a 92nd-Percentile Day While Goldman Sachs Carries the Dow Alone
The S&P 500 gained 60.93 points as megacap tech names offset a heavy pullback in Nvidia, Alphabet and Costco, while the Dow's advance rested almost entirely on one bank stock.
Nvidia and Broadcom Offset a Broad Market Retreat as the Dow Falls 577 Points
A handful of chip stocks kept the S&P 500 and Nasdaq 100 close to flat while financials and homebuilders pulled the Dow sharply lower.
Chipmakers Sink the Nasdaq 100 While the Dow Splits on a Single Industrial Stock
The S&P 500 slipped on a day when most of its members actually rose, as semiconductor and industrial names concentrated the damage into a handful of tickers.
Tesla and AMD Send the Nasdaq 100 to an 87th-Percentile Day While a Single Bank Stock Carries the Dow
The S&P 500 added 54.19 points as chipmakers and Tesla did the heavy lifting, the Nasdaq 100 posted a large advance, and the Dow's gain traced almost entirely to one stock.