US Markets
Stocks end mixed as Apple overtakes Nvidia
The S&P 500 barely budges, the Dow and Russell 2000 outperform, and tech lags while staples and consumer stocks lead.
U.S. stocks finish with a split tape. The S&P 500 edges up 0.0% to 7,413.1802, the Dow climbs 0.5% to 52,210.0781, and the Russell 2000 gains 0.6% to 2,948.0349. The Nasdaq Composite slips 0.2% to 24,932.082, leaving megacap tech on the back foot.
The session starts with the S&P 500 near 7,471.28 and spends the rest of the day trending lower before flattening out. By the close, the index has spent most of the afternoon in a tight band around 7,400, a sign of a market that loses its early momentum but does not crack.
Sector moves are broad but not uniform. Staples rises 1.5%, Discretionary gains 1.3%, Comm Svcs adds 1.3%, and Financials climbs 1.0%. Tech falls 0.9%, Energy drops 2.1%, Utilities lose 1.3%, and Real Estate slips 0.4%.
CNBC Markets says Apple ends the day as the world’s most valuable company, passing Nvidia. That sits alongside a mixed market where Nvidia itself falls 5.0% and remains one of the most active names of the day.
Options flow is still tilted slightly bullish. The SPY put-call ratio is 0.94, while QQQ comes in at 0.91. For the broad market, that keeps sentiment cautious even as several cyclical groups hold up better than tech.