US indices close lower on the day

Major US stock indices are closing the day lower. For the trading week the declines today push the indices into negative territory. For the day:

• Dow industrial average fell -279.13 or -0.63% at 44371.51
• S&P index fell -20.71 points or -0.33% at 6259.75.
• NASDAQ index fell -45.14 points or -0.22% at 20585.53.

The small-cap Russell 2000 fared the worst today with a decline of -28.58 points or -1.26% at 2234.82.

For the trading week:

• Dow industrial average fell -1.02%
• S&P index fell -0.31%
• NASDAQ index fell -0.08%

The small-cap Russell 2000 fell -0.63%

Some winners this week included:

• ETH/USD: +19.73% – Strongest performer; Ethereum surged as crypto sentiment improved.

• SoFi Technologies: +14.22% – Continued momentum in fintech space.

• Nio A ADR: +11.40% – Strong rebound in Chinese EV sector.

• Delta Air Lines: +11.38% – Travel demand and earnings optimism boosted the stock.

• Moderna: +10.33% – Biotech rally lifted Moderna despite daily weakness.

• Bitcoin Futures: +9.57% – Crypto strength lifted futures contracts sharply.

• Tapestry: +9.12% – Fashion and luxury retailer posted solid gains.

• Southwest Airlines: +8.95% – Part of broader airline recovery.

• BTC/USD: +8.92% – Bitcoin tracked higher on macro and ETF enthusiasm.

• Grayscale Bitcoin (BTC): +8.09% – Benefited from BTC’s strong performance.

• MicroStrategy: +7.57% – Heavily BTC-linked; tracked crypto strength.

• Dollar Tree: +7.27% – Discount retail held strong amid consumer resilience.

• United Airlines Holdings: +6.44% – Gains on the week despite sharp daily drop.

• AMD: +6.18% – AI chip momentum continues to support the stock.

• Palantir: +5.76% – Modest tech rally pushed Palantir higher.

• Occidental: +5.73% – Oil names gained with crude strength.

• Boeing: +5.03% – Recovery in aviation sector supported the stock.

Some losers this week include:

• Raytheon: -17.17% – Biggest drop of the week; no daily move Friday but major weekly underperformance.

• First Solar: -12.21% – Sharp pullback in solar stocks after recent strength.

• Chewy: -7.99% – Continued weakness in online retail and pet-related names.

• Palo Alto Networks: -7.14% – Cybersecurity sector under pressure this week.

• CrowdStrike Holdings: -6.94% – Tech pullback hit cybersecurity names hard.

• PayPal: -6.83% – Fintech weakness and growth concerns weighed on sentiment.

• Zoom Video: -6.59% – Ongoing declines as investor interest fades post-pandemic.

• Fortinet: -6.26% – Security sector broadly down despite strong fundamentals.

• Intuitive Surgical: -6.00% – Health tech pulled back from recent highs.

• Block (Square): -5.95% – Fintech and crypto-linked name moved lower.

• Arm: -5.90% – Chip and AI-related names cooled off from earlier gains.

• Salesforce Inc: -5.17% – Enterprise software lagged broader market.

• Nike: -4.92% – Retail and discretionary spending concerns pressured shares.

• Snowflake: -4.86% – High-growth tech names sold off broadly this week.

• Bank of America: -4.54% – Financials declined with yields and risk-off tone.

• Adobe: -4.21% – Tech weakness hit creative software stocks.

• Intuit: -4.20% – Flat on Friday but down for the week amid broad tech softness.

• Papa John’s: -4.04% – Consumer staples saw mild selling pressure.

• Walmart: -4.03% – Retail giant slipped slightly amid defensive sector selling

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