Today At A Glance:

Stocks finished mixed after a whipsaw session: the Dow and S&P 500 eked out gains while the Nasdaq slipped, capping the first weekly loss in about a month. Tech remained the pressure point on lingering AI-valuation jitters, but upbeat earnings from travel and med-tech names helped steady broader sentiment. Expedia ripped higher on a clean beat and raised outlook, while Block (Square/ Cash App) sank on disappointing results. Traders are still flying partly blind amid the ongoing federal data-release disruptions tied to the shutdown. For the week, all three majors fell, led by the Nasdaq; on the day: S&P +0.1%, Dow +0.2%, Nasdaq −0.2%.

Today’s Index Performance:

• Dow Jones Industrial Average — The Dow opened today at 46,797.03 and closed today at 46,987.10, with the percentage change of +0.2%.
• S&P 500 — The S&P 500 opened today at 6,696.18 and closed today at 6,728.80, with the percentage change of +0.1%.
• Nasdaq Composite — The Nasdaq opened today at 22,892.92 and closed today at 23,004.54, with the percentage change of −0.2%.

Gainers Of Note:

• Expedia Group (NASDAQ: EXPE) — Online travel; surged ~15–18% after posting a top- and bottom-line beat and raising its 2025 revenue outlook, signaling resilient holiday travel demand.
• Globus Medical (NYSE: GMED) — Robotic/orthopedic devices; jumped 20%+ on a big Q3 beat and a FY2025 EPS guidance hike (helped by integration gains), putting med-tech in the winner’s column.
• Peloton (NASDAQ: PTON) — Connected fitness; climbed after revenue beat and improving profitability signaled progress in the turnaround under new leadership.

Losers Of Note:

• Block (NYSE: SQ) — Fintech/payments; fell 8–11% as Q3 revenue and EPS missed and investors balked at expense growth; crypto softness added pressure.
• Take-Two Interactive (NASDAQ: TTWO) — Video games; slid ~5–7% after GTA VI was delayed to November 2026, overshadowing otherwise upbeat projections.
• Salesforce (NYSE: CRM) — Enterprise software; extended recent declines (~5%) amid tech-wide de-risking and lingering concerns about AI spend payback.

Active Traders Of Note:

• Nvidia (NASDAQ: NVDA) — AI semiconductors; heavy volume as the week’s AI-valuation angst kept the chip complex in focus and the Nasdaq on the back foot.
• Broadcom (NASDAQ: AVGO) — Chips & infrastructure; active with semis leading weekly laggards as investors reassessed AI capex returns.
• Tesla (NASDAQ: TSLA) — EVs/AI; brisk trading amid the broader risk-off in high-beta tech and after headlines around shareholder votes kept the name in the news flow.

Looking Forward:

With weekly momentum broken, next session tone hinges on whether earnings beats (travel/health-care) can counter AI-spend skepticism dogging mega-cap tech. If shutdown-related data gaps persist, expect price action to skew stock-specific and headline-driven. Watch semis for follow-through (or relief), and whether defensive leadership broadens if volatility stays elevated.

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.