Summary
U.S. equities fell, ending the S&P 500's nine-day winning streak. Defensive sectors like energy rose while tech declined. After-hours earnings reports from Broadcom, CrowdStrike, and Five Below were in focus.
- S&P 500 ended its nine-day winning streak, down about 0.7% on the day.
- Energy sector gained 1.5% on higher oil prices, while tech fell 1.5%.
- Medtronic shares rose 5% after beating Q4 revenue estimates.
- Minima Eddie (diabetes device maker) surged nearly 16% on strong sales.
- Navitas Semiconductor gained nearly 20% on analyst upgrades.
- Ulta Beauty fell 5% despite a beat, as guidance increase was modest.
- Global Payments dropped over 8% on street commentary; Mizuho called it overdone.
- CrowdStrike shares declined 7% after hours on slight guidance raise.