Today At A Glance:

The S&P 500 climbed around 0.3%, reaching an intraday record high as tech shares and optimism over a U.S.–Vietnam trade pact boosted sentiment. The Nasdaq outperformed with a ~0.8% gain, driven by strength in Tesla following better-than-expected Q2 deliveries and renewed interest in quantum computing names. The Dow edged slightly lower, pressured by weakness in UnitedHealth, Travelers, and other lagging megacap components. A sharp drop in ADP private payrolls (-33k) fueled speculative hopes of a Fed rate cut, while Treasury yields edged higher. Energy and tech sectors led advance, while health insurers and Adobe lagged on downgrade and earnings concerns.

Today’s Index Performance:

• Dow Jones Industrial Average (^DJI): The Dow opened near 44,494.94, closed slightly lower at around 44,422, down about 0.16% on the day.
• S&P 500 (^GSPC): The S&P opened near intraday highs and closed at 6,215.86, up approximately 0.29%, flirting with record territory.
• Nasdaq Composite: The Nasdaq opened lower but rebounded to close around 20,361.33, gaining 0.78% thanks to strong tech performance.

Gainers Of Note:

• Tesla (NASDAQ: TSLA): +4.8%; surged on Q2 delivery beat (384,122 vehicles) and positive EV market sentiment.
• Rigetti Computing (NASDAQ: RGTI): +9%; led the quantum-computing rally after achieving analyst “overweight” ratings.
• First Solar (NASDAQ: FSLR): +4%; rallied with energy/tech momentum on solar group strength .

Losers Of Note:

• Centene (NYSE: CNC): −40%; plunged after withdrawing its 2025 guidance.
• Adobe (NASDAQ: ADBE): −4.5%; fell on analyst downgrade and concerns tied to Figma IPO competition.
• UnitedHealth Group (NYSE: UNH): −2.9%; pressured Dow, contributing to a ~112‑point drag amid sector weakness.

Active Traders Of Note:

• Tesla (NASDAQ: TSLA): Among the most heavily traded names as strong delivery data prompted renewed investor interest .
• Centene (NYSE: CNC): Saw massive volume as its stock plunged on the withdrawn outlook .
• UnitedHealth Group (NYSE: UNH): High activity on substantial intraday decline, weighing on the Dow.

Looking Forward:

With key labor-market data pointing to a slowdown and markets eyeing Fed rate-cut prospects, investor focus may shift sharply to the Thursday non-farm payroll report. Record or near-record levels in the S&P and Nasdaq suggest any upside may depend on further trade deal developments or dovish Fed tones. Weakness in insurance and health sectors could offer buying opportunities if economic signals stabilize.

Note: The stock performance summaries are based on general trends observed over the past ten trading days and are not indicative of future results.

THIS NEWSLETTER IS PARTNERED WITH ROBINHOOD.COM AND IS FINANCIALLY SPONSORED BY THAT SERVICE.

TO BEGIN YOUR INVESTMENT JOURNEY TODAY, USE THIS LINK TO SET UP YOUR ACCOUNT.