WMTMT◆
WHAT MOVED THE MARKET TODAY
METHODOLOGY

S&P 500

502 stocks · cap-weighted, ETF-derived weights · Jul 2, 2026 close
7,483.24
+637.74 (+9.32%)
S&P 500 7,483.24 · +637.7 pts (+9.32%) YTD
1D1W1MYTD1Y5Y
7,8647,4597,0546,6496,244EW +13.43%H 7,610 · Jun 2L 6,344 · Mar 30
Dec 31Feb 17Apr 2May 18Jul 2
Breadth
335 / 502
stocks rose with the index
Concentration
36%
of the gain from MU, AMD, NVDA
Biggest driver
MU +102
MICRON TECHNOLOGY INC, +241.97%
Biggest drag
MSFT −75
MICROSOFT CORP, −18.90%

What drove it

502 members · drivers first · YTD · residual 176.5bp exceeds 60bp gate

The S&P 500 rose 9.32% (+638 pts) so far this year on a mixed tape; MU, AMD, NVDA did most of the lifting, with 36% of the gain between them.

+1,028.4 pts from 295 gainers−396.6 pts from 207 losers
net +637.7 pts · gainers outweigh losers 2.6 to 1
Stock
Points
Return
S&P 500sum of all 502 stocks
+637.7
100%
+9.32%
MUMICRON TECHNOLOGY INC
+102.0
16%
+241.97%
AMDADVANCED MICRO DEVICES
+65.2
10%
+141.79%
NVDANVIDIA CORP
+60.2
9%
+4.59%
INTCINTEL CORP
+45.8
7%
+226.15%
AMATAPPLIED MATERIALS INC
+37.3
6%
+135.24%
SNDKSANDISK CORP
+34.1
5%
+635.11%
AAPLAPPLE INC
+32.7
5%
+13.74%
LRCXLAM RESEARCH CORP
+32.0
5%
+105.67%
GOOGLALPHABET INC CL A
+31.9
5%
+15.14%
GOOGALPHABET INC CL C
+24.5
4%
+13.65%
CATCATERPILLAR INC
+22.5
4%
+68.92%
AMZNAMAZON.COM INC
+22.1
3%
+5.13%
KLACKLA CORP
+20.8
3%
+94.36%
AVGOBROADCOM INC
+19.8
3%
+4.53%
STXSEAGATE TECHNOLOGY HOLDINGS
+18.6
3%
+198.57%
472 othersclick to expand the full index
+282.1
44%
·
APPAPPLOVIN CORP CLASS A
−5.3
−1%
−21.78%
ADBEADOBE INC
−6.3
−1%
−37.22%
ISRGINTUITIVE SURGICAL INC
−6.3
−1%
−24.78%
BSXBOSTON SCIENTIFIC CORP
−7.4
−1%
−52.66%
ABTABBOTT LABORATORIES
−7.5
−1%
−22.99%
NFLXNETFLIX INC
−7.7
−1%
−17.18%
NOWSERVICENOW INC
−8.0
−1%
−30.60%
ORCLORACLE CORP
−9.0
−1%
−27.18%
ACNACCENTURE PLC CL A
−9.9
−2%
−48.05%
CRMSALESFORCE INC
−10.6
−2%
−36.97%
INTUINTUIT INC
−11.4
−2%
−58.22%
PLTRPALANTIR TECHNOLOGIES INC A
−14.5
−2%
−27.26%
TSLATESLA INC
−19.7
−3%
−12.51%
METAMETA PLATFORMS INC CLASS A
−21.5
−3%
−11.54%
MSFTMICROSOFT CORP
−74.6
−12%
−18.90%
Cap weighting, illustrated

NVIDIA CORP and BXP INC moved almost identically (+4.59% vs +5.21%), yet NVDA moved the S&P 500 6,015.5× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the +638 pt move · cell size = points contributed · color = direction, intensity = return
MU+102.0
MSFT−74.6
AMD+65.2
NVDA+60.2
INTC+45.8
382 more+43.2
AMAT+37.3
SNDK+34.1
AAPL+32.7
LRCX+32.0
GOOGL+31.9
GOOG+24.5
CAT+22.5
AMZN+22.1
META−21.5
KLAC+20.8
AVGO+19.8
TSLA
STX+18.6
WDC+18.2
GEV
MRVL
CSCO+16.0
PLTR
TXN
GLW
INTU
PANW
CRM
ACN
DELL
NFLX
ABT
BSX
CRWD
ADI
ISRG
ADBE
KO
APH
MRK
FTNT
IBM

Concentration curve

cumulative share of the +638 pt move · sorted by contribution
0%50%100%126251377502stocks:3 stocks = 36%100% covered at 19

When they drove it

cumulative points through the period
0MU +102AMD +65NVDA +60MSFT −75Dec 31Jul 2

Breadth

member returns, this period
−100%+100%+300%+500%
From −58.22% (INTU) to +635.11% (SNDK). Equal-weight, the S&P 500 would be +13.43% vs the actual +9.32%; the gap is what cap weighting did.

By sector

point contribution · sums to +638 pts
-502
+631.8

The year, session by session

every trading day of 2026 · hover for the move; day pages come next
JANFEBMARAPRMAYJUNJUL

Share this move

pick a view, download it as a 16:9 PNG