S&P 500 sectors: Utilities fall 1.97%, consumer discretionary rises 2.73%

The dispersion here is the story: a near-3% spread between the best and worst sectors points to rotation rather than a broad move, with defensive utilities and real estate selling off while growth-linked consumer discretionary and tech attract bids. Consumer discretionary's gain being concentrated in Amazon and Tesla suggests index-level strength may be narrower than the headline figure implies. Whether that leadership broadens beyond those two names, and whether the utilities pullback extends, is the open question for the next session.