Yahoo Finance

Here's the closing bell on Wall Street. And now it's market domination overtime. Let's get a check on where the major averages have ended the session right at the end here, the Dow going into the red. As we've been talking about, really a lot of volatility continuing throughout the day. Even when the Dow was higher, a lot of back and forth here. So finishing the day lower by about 83 points when all was said and done, almost a fifth of 1%. We did, of course, get CPI this morning, the consumer price index, coming in a little bit milder than had been anticipated, and that was initially the impetus for the rally today, as there's been a lot of concern about growth, at the same time that there was concern about high or even accelerating, reaccelerating inflation. That latter part of the bogey seems to be not in play for the moment, but of course, it could be affected by tariffs and the data going forward. Let's take a look at the S&P 500 finishing the day still higher by about a half a 1%, but off the highs of the session, and definitely lower than where it was out of the gate this morning, where we saw stocks starting strong and sort of fading as the day went on. Even for the Nasdaq, which was up 1 and a quarter percent, similar situation here, we saw that little pop out of the gate, and then a little bit of a fade as the day went on. And you can see how the S&P 500 was pulled up by looking at the equal weight, which was lower. So this implies that it was large cap tech that was responsible for the gains today. Of course, another way that we can look at that is to look at the action in the Nasdaq 100, where we saw a lot of strength in large cap tech. As we talked about earlier, Apple, the outlier here, but otherwise a lot of green, in particular, Nvidia seeing a boost today. There was a report that Intel wasn't talks with TSMC and TSMC had sort of gathered almost a consortium of chip makers including Nvidia, AMD, and Broadcom, potentially, to partner with TSMC to take over some of the Intel facilities here in the United States. So that was interesting. Broadcom itself up about 2% as well today. Tesla recovering for the second day in a row, the company's two-day gains now amounting to just about 12%, even as we've talked about the drumbeat of negative analyst commentary has continued, but that hasn't stopped the rebound. Of course, the rebound looks a lot less when you still look at it on the year-to-date basis when we see it down by 39%. So seeing the strength there and some of the largest of large caps, and then sector-wise, a little bit more divided, which again, you sort of know from looking at that equal weight index that was down. So consumer staples, healthcare, materials, real estate, utilities all in the red here, but you did see consumer discretionary and tech sort of help save the day on the index level.