Today At A Glance:

Stocks extended their rebound for a fourth straight session as rate-cut odds for December increased again and tech outperformed into the close. Reuters noted futures and indexes grinding higher most of the day, helped by firmer cap-goods orders and cooler jobless-claims trends that still leave room for Fed easing. Gold rallied to a near two-week high on the same rate-cut narrative, while Treasury yields stayed contained. Dell climbed on record AI-server order commentary, while HP and Deere slipped on a weak outlook and tariff pressure, respectively.

Today’s Index Performance:

• Dow Jones Industrial Average — The Dow opened today at 47,196.15 and closed today at 47,517.73, with the percentage change of +0.68%.
• S&P 500 — The S&P 500 opened today at 6,789.43 and closed today at 6,819.48, with the percentage change of +0.44%.
• Nasdaq Composite — The Nasdaq opened today at 23,163.19 and closed today at 23,229.79, with the percentage change of +0.29%.

Gainers Of Note:

• Petco (NASDAQ: WOOF) — Pet supplies & services; +~15% after raising full-year earnings guidance, extending a post-report rebound.
• Urban Outfitters (NASDAQ: URBN) — Apparel & home retailer; +~14% on better-than-expected results that topped Wall Street forecasts.
• Robinhood (NASDAQ: HOOD) — Brokerage platform; +~11% after unveiling plans to launch a futures and derivatives exchange.

Losers Of Note:

• Nutanix (NASDAQ: NTNX) — Enterprise cloud; −~18% after Q1 results and trimmed full-year sales guidance disappointed investors.
• Ambarella (NASDAQ: AMBA) — Edge-AI semiconductors; −~15% despite a revenue beat, as guidance and profit dynamics underwhelmed.
• Zscaler (NASDAQ: ZS) — Cybersecurity; −~10% following earnings as investors reassessed growth vs. valuation.

Active Traders Of Note:

• Nvidia (NASDAQ: NVDA) — AI GPUs & platforms; heavy turnover as mega-cap tech paced the advance and traders leaned back into AI leaders.
• Dell Technologies (NYSE: DELL) — PCs/servers; active after commentary on record AI-server orders boosted sentiment.
• HP Inc. (NYSE: HPQ) — PCs & printers; brisk trading after the company unveiled workforce reductions and a softer profit outlook.

Looking Forward:

Traders face a holiday-shortened stretch: markets are closed Thursday and close early Friday (1 p.m. ET), so liquidity could thin and amplify moves. With rate-cut odds near the mid-80s%, the path of yields and any late-week retail/holiday headlines will drive risk tone into next week. If tech momentum persists and macro stays benign, indices may attempt to build on this week’s gains—though single-stock dispersion (earnings and outlooks) remains elevated.

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