Today At A Glance:

U.S. stocks pushed higher, with the S&P 500 (+0.5%) and Nasdaq (+0.9%) closing at fresh records while the Dow (+0.1%) inched up ahead of Wednesday’s Fed decision. Traders kicked off “Fed week” expecting a rate cut, helping support risk appetite into the close. Tesla rallied after a filing showed Elon Musk bought roughly $1B of stock, boosting sentiment around the EV leader. Alphabet jumped and crossed the $3T market-cap milestone, joining the market’s mega-cap elite. Not all news was rosy: Hain Celestial plunged on weak results and Alaska Air slid on a lowered outlook tied to fuel and operational costs.

Today’s Index Performance

• Dow Jones Industrial Average (^DJI) — The Dow opened today at 45,848.39 and closed today at 45,883.45, with the percentage change of +0.1%.
• S&P 500 (^GSPC) — The S&P 500 opened today at 6,603.49 and closed today at 6,615.28, with the percentage change of +0.5%.
• Nasdaq Composite — The Nasdaq opened today at 22,243.20 and closed today at 22,348.75, with the percentage change of +0.9%.

Gainers Of Note

• Alphabet (NASDAQ: GOOGL) – Search/AI giant; climbed ~3–4.5% and became a $3T company for the first time, aided by an antitrust win and AI optimism.
• Tesla (NASDAQ: TSLA) – EV leader; rose ~3.6% after Elon Musk disclosed a ~$1B stock purchase.
• Intel (NASDAQ: INTC) – Semiconductors; gained ~2.9% after saying lower expenses following the Altera stake sale would reduce FY25 operating costs.

Losers Of Note

• Hain Celestial (NASDAQ: HAIN) – Natural/organic foods; −~25% after a Q4 miss (revenue −13% Y/Y, adj. EPS −$0.02) and no formal guidance.
• Alaska Air Group (NYSE: ALK) – Airline; −~6–7% after guiding Q3 EPS to the low end of its range on higher fuel and operational costs.
• Corteva (NYSE: CTVA) – Ag seeds & crop protection; ~−5% amid a report it’s considering splitting its seed and pesticide businesses.

Active Traders Of Note

• Nvidia (NASDAQ: NVDA) – AI/GPU bellwether; heavy volume as a China antitrust headline and AI-infrastructure news kept the name in focus.
• Oracle (NYSE: ORCL) – Cloud & AI infrastructure; active tape with shares up ~3% alongside Big Tech momentum.
• Apple (NASDAQ: AAPL) – Consumer tech; brisk trading as megacaps broadly advanced into the Fed meeting.

Looking Forward:

All eyes turn to the Fed on Wednesday: a 25 bp cut is widely expected, but guidance on the path and pace will dictate whether leadership remains concentrated in megacap tech. If policy comes in line with expectations, record-high indices could see follow-through—while any hawkish surprise risks a quick reversal in rate-sensitive growth stocks. Single-name catalysts remain plentiful (AI capex, consumer staples resets, airlines’ fuel costs), so dispersion beneath the surface should stay elevated into month-end.

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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