US Sector ETFs Close Broadly Higher; Semiconductor ETF Jumps 4.82%

The dispersion here is the story: a broad risk-on close that was really a tech-led one, with semis outpacing the sector by a wide margin while consumer discretionary and banks finished slightly negative. That split suggests the move was concentrated in growth and AI-adjacent exposure rather than a uniform bid for US equities, leaving financials and rate-sensitive consumer names unconvinced. Whether the semiconductor leadership holds, or narrows into the broader tech ETFs, is the open question, along with whether banks and discretionary recover or confirm the divergence.