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Dow industrial average and Russell 2000 lead a down day for US equities

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The major US stock indices are closing lower on the day. The declines are led by the Russell 2000 and the Dow industrial average, but all four major indices did not escape lower levels in trading today.

Breaking down the Top 5 winners and losers in the Dow 30

Overall, it was a tough day for the Dow — 21 of 30 names closed in the red. IBM’s -7.10% is a notable outlier . The tech/AI cluster of NVIDIA, Salesforce, and Microsoft all sliding together points to broader AI valuation pressure today. On the winning side, the defensives and energy names held up — Walmart, Amgen, and Chevron all green, consistent with the risk-off rotation seen across the broader market.

Looking at some of other stocks, the losers were led by:

A broad tech and growth selloff today — notable themes include AI/cloud names getting hit hard with Snowflake, Datadog, IBM, and Oracle all down 6–7%, crypto-linked stocks (Coinbase, Robinhood, SoFi) under pressure alongside Bitcoin’s slide, and Palantir giving back recent gains despite its defense exposure. The JEDI drone ETF topping the losers list is somewhat counterintuitive given the ongoing conflict, likely reflecting profit-taking after a strong run.

Looking at the winners, they were led by:

An interesting split today — semis and legacy tech leading the winners with SanDisk (+6.78%), Western Digital (+5.52%), Intel (+4.42%), AMD (+4.01%), and Qualcomm (+3.77%) all surging, with hopes of eased chip export restrictions to China. Meta (+4.24%) bounced strongly. Moderna (+7.45%) topping the list is a standout. GameStop (+6.05%) remains a perennial wildcard for the riskier traders.



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