Today At A Glance:

The Dow closed at a fresh record above 48,000 as optimism grew that Congress would end the historic government shutdown. Financials, healthcare, and travel stocks led while mega-cap tech lagged. The S&P 500 was little changed near highs, and the Nasdaq slipped as investors rotated out of pricey AI plays. AMD jumped after unveiling aggressive long-term AI and data-center targets. Treasury yields eased and oil retreated, a backdrop that helped rate-sensitive groups.

Today’s Index Performance:

Dow Jones Industrial Average — The Dow opened today at 48,015.79 and closed at 48,255.07, with a daily change of +0.68%.

S&P 500 — The S&P 500 opened today near 6,867.77 and closed at ~6,851, with a daily change of +0.06%.

Nasdaq Composite — The Nasdaq opened today at 23,563.84 and closed at 23,406.46, with a daily change of −0.26%.

Gainers Of Note:

• Advanced Micro Devices (NASDAQ: AMD) – Leading AI/data-center chipmaker; shares rose after its analyst day laid out targets for ~$100B in data-center revenue over five years and >$20 EPS long-term, fueling confidence in AI share gains vs. Nvidia.
• United Airlines (NASDAQ: UAL) – Major U.S. airline; rallied alongside peers as hopes for a shutdown resolution pointed to easing FAA-mandated flight cuts and improving traffic outlook.
• Goldman Sachs (NYSE: GS) – Global investment bank; climbed to a record as financials outperformed on reopening optimism and a dip in yields.

Losers Of Note:

• Oracle (NYSE: ORCL) – Enterprise software & cloud; pulled back as investors rotated out of high-capex AI names after recent volatility and mixed sentiment on AI spending.
• Palantir (NYSE: PLTR) – AI/analytics software; slid with broader AI weakness as risk appetite cooled for richly valued names.
• Meta Platforms (NASDAQ: META) – Social/ads & AI infrastructure; eased amid continuing concerns over heavy AI-related capex and margins.

Active Traders Of Note:

• Amazon (NASDAQ: AMZN) – E-commerce & cloud; heavy trading as the stock weighed on the Nasdaq during a tech cooldown and investors reassessed mega-cap growth exposure.
• Nvidia (NASDAQ: NVDA) – AI GPUs & platforms; elevated volume with sentiment still jittery after a large shareholder stake sale yesterday and ongoing debates about an “AI bubble.”
• JPMorgan Chase (NYSE: JPM) – Diversified bank; active as financials led the Dow to a record on shutdown-end hopes and lower yields.

Looking Forward:

If the House finalizes a funding bill, investors may lean further into cyclicals and financials, while tech could remain choppy as AI-capex scrutiny persists. Tomorrow’s tone may hinge on follow-through in airlines/consumer names and any fresh guidance out of AI hardware/software leaders. With yields easing and oil soft, defensives and dividend payers could continue to find support into the next session.

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