Today At A Glance:

Wall Street capped a record-setting week with all three major indexes closing at new all-time highs: S&P 500 +0.5%, Dow +0.4%, Nasdaq +0.7%. Under the hood, small caps lagged (Russell 2000 −0.8%), even as megacaps kept the tape buoyant. Apple jumped after a J.P. Morgan price-target hike and first-day iPhone 17 sales buzz; FedEx climbed on a profit beat and cost cuts. Gold rallied on lower-rate expectations, while energy stocks slipped alongside softer oil. Abroad, Japanese equities weakened after the Bank of Japan said it will pare stock-fund holdings.

Today’s Index Performance:

• Dow Jones Industrial Average (^DJI) — The Dow opened today at 46,211.20 and closed today at 46,315.27, with the percentage change of +0.23%.
• S&P 500 (^GSPC) — The S&P 500 opened today at 6,647.11 and closed today at 6,664.36, with the percentage change of +0.26%.
• Nasdaq Composite — The Nasdaq opened today at 22,439.10 and closed today at 22,631.48, with the percentage change of +0.86%.

Gainers Of Note:

• Apple (NASDAQ: AAPL) – Consumer tech ecosystem; rose ~3.2% after J.P. Morgan raised its price target and iPhone 17 launch-day demand looked solid.
• FedEx (NYSE: FDX) – Global parcel logistics; gained ~2–5% on an earnings beat and evidence that domestic volumes and cost controls are improving.
• Newmont (NYSE: NEM) – Gold miner; advanced ~3–4% as gold prices climbed and after selling its Orla Mining stake to free up cash.

Losers Of Note:

• Micron Technology (NASDAQ: MU) – Memory chips; fell ~3–4%, cooling after a strong multi-day run as traders rotated within semis.
• Lennar (NYSE: LEN) – Homebuilder; down ~4% after quarterly results and margin commentary disappointed.
• Chevron (NYSE: CVX) – Integrated energy; slipped ~1.7% as crude eased and energy underperformed.

Active Traders Of Note:

• Palantir Technologies (NYSE: PLTR) – AI & analytics; elevated volume as software and AI momentum aided the sector’s advance.
• Oracle (NYSE: ORCL) – Enterprise software & cloud; busy tape with tech leadership extending post-Fed.
• Intel (NASDAQ: INTC) – Semiconductors; continued heavy turnover after Thursday’s surge on Nvidia’s $5B investment headline.

Looking Forward:

With indices sitting at records and breadth mixed, the next catalysts are data on growth and inflation to calibrate the pace of additional Fed easing. Watch for sector rotation—if yields wobble or oil stays soft, defensives and gold could hold gains while energy and select cyclicals chop. Company-specific tapes (Apple supply chain, transports post-FDX, and semis post-Intel/Nvidia headlines) should keep single-name dispersion elevated into next week.

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

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.