Today At A Glance:

U.S. stocks rebounded, snapping a three-day slide after inflation data landed roughly in line with expectations and kept rate-cut hopes intact. By the close, the S&P 500, Dow, and Nasdaq all advanced, trimming the week’s loss and keeping indexes within reach of recent records. Tariff headlines shaped sector moves: drugmakers firmed while furniture retailers wobbled on fresh import duties. Financials and industrials helped lead the Dow higher, with Boeing and banks among notable contributors. Standouts included Intel, GlobalFoundries, and Paccar on policy and industry news, while Costco slipped post-earnings.

Today’s Index Performance

• Dow Jones Industrial Average (^DJI) — The Dow opened today at 46,101.45 and closed today at 46,353.03, a +0.55% gain.
• S&P 500 (^GSPC) — The S&P 500 opened today at 6,615.38 and closed today at 6,648.97, up +0.51%.
• Nasdaq Composite — The Nasdaq opened today at 22,403.27 and closed today at 22,487.69, a +0.38% advance.

Gainers Of Note

• Crinetics Pharmaceuticals (NASDAQ: CRNX) – Rare-disease biotech; +~27% after the FDA approved its once-daily oral treatment for acromegaly.
• GlobalFoundries (NASDAQ: GFS) – Specialty foundry; +~6.5% on policy tailwinds tied to efforts to onshore chip production.
• Intel (NASDAQ: INTC) – Semiconductors; +~6.1% on reports of strategic outreach to key partners and momentum around U.S. chip initiatives.

Losers Of Note

• Concentrix (NASDAQ: CNXC) – Customer-experience technology; −~9–10% after an earnings miss and lower FY25 EPS outlook.
• RH (NYSE: RH) – Luxury home furnishings; −~4% as newly announced furniture tariffs pressured the category.
• Costco (NASDAQ: COST) – Warehouse retailer; −~2–3% despite headline beats, with investors focusing on U.S. comps and renewal trends.

Active Traders Of Note

• Boeing (NYSE: BA) – Aerospace; heavy volume as Dow leadership reflected strength in industrials.
• Goldman Sachs (NYSE: GS) – Investment bank; actively traded as financials aided the Dow’s outperformance.
• AppLovin (NASDAQ: APP) – Ad-tech; brisk trading on fresh price-target hikes ahead of platform updates.

Looking Forward:

A cooler-than-feared PCE keeps a near-term Fed cut in play, but tariff pass-through and next week’s data could sway the path of easing.

Expect ongoing dispersion: policy-sensitive groups (pharma, furniture/home) and AI-chip supply chain names may stay headline-driven.

With indexes near highs, earnings pre-announcements and guidance updates will be key tells for Q4 positioning.

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

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