TREE NEWS reports: The S&P 500 finished roughly flat, with telecom up 1.9% as Meta led its components and Alphabet Class A gained over 1%. Energy rose 0.4%, while tech slipped 0.2% and materials fell 1%. The Nasdaq 100 was also little changed: Nebius Group added 7.6%, Rocket Lab 4.8%, Meta 4.6%, while Arm Holdings dropped 8.5% and Western Digital lost 4.9%.
S&P 500 Closes Roughly Flat; Telecom Jumps 1.9% as Meta Leads
The dispersion beneath a flat index is the story: telecom strength is concentrated in Meta, while tech's modest decline masks a wide split between Nebius and Rocket Lab on one side and Arm and Western Digital on the other. That gap suggests stock-specific news is driving flows more than sector rotation right now. Whether this single-name volatility persists while the headline indices stay pinned is the open question.
Generated by AI for reference only.
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