S&P 500 slips 0.2% as energy and tech drag; Nasdaq 100 edges up 0.2%

The split between the two benchmarks is the signal: the S&P 500's decline rests on energy and Apple, while the Nasdaq 100's advance is broad, with semiconductor equipment and chip names leading alongside Meta. That divergence suggests the weakness is concentrated in index-heavy laggards rather than a market-wide risk-off move. The open question is whether the chip complex's strength continues to offset drag from energy and Apple, or whether the broader index eventually pulls the narrower one lower.