Another Record Setting Day for US Equities | Closing Bell

Summary

The episode covers another record-setting day for US equities, with the S&P 500, Dow, and Nasdaq all closing higher. The rally is narrow, driven by semiconductor and mega-cap names, while most S&P stocks are down. Oil prices and bond yields also rose, but stocks shrugged off the pressure. The hosts recap sector performance, notable gainers like Qualcomm and Micron, and laggards like The Trade Desk and Sally Beauty.

• S&P 500, Dow, Nasdaq, and Russell 2000 all closed higher on the day.
• Semiconductor names led gains: Qualcomm +8.5%, Micron +6.5%, Intel +3.6%.
• Energy was the top S&P sector, up 2.6%; Communication Services fell 2.3%.
• Oil futures (WTI, Brent) rose 3% on continued Strait of Hormuz concerns.
• Treasury yields were up five basis points, with the 10-year at 4.4%.
• The Trade Desk fell 6.8% after an HSBC downgrade; Sally Beauty had its worst day since 2023.
• Monday.com rallied 23% intraday after raising its full-year forecast.
• Hims & Hers Health reported after-hours, cutting its full-year adjusted EBITDA guidance.