Today At A Glance:

Wall Street finally cooled after a record-chasing run: the S&P 500 slipped 0.4%, the Nasdaq fell 0.7%, and the Dow edged down 0.2%. Gold stole the headlines, topping $4,000/oz as investors hedged against uncertainty. Tesla and Oracle weighed on tech after Tesla’s “cheaper” trims underwhelmed and a report cast doubt on AI-compute margins at Oracle. Not all chip names sagged—AMD extended Monday’s surge on OpenAI tailwinds. With the federal shutdown limiting fresh macro data, traders leaned on single-stock news and sector rotation.

Today’s Index Performance:

• Dow Jones Industrial Average (^DJI): The Dow opened today at 46,700.90 and closed today at 46,602.98, with the percentage change of −0.21%.
• S&P 500 (^GSPC): The S&P 500 opened today at 6,746.14 and closed today at 6,714.59, with the percentage change of −0.47%.
• Nasdaq Composite: The Nasdaq opened today at 22,972.40 and closed today at 22,788.36, with the percentage change of −0.80%.

Gainers Of Note:

• Trilogy Metals (NYSE American: TMQ) – Copper & critical-minerals developer; soared well over 200% after the U.S. government disclosed a 10% strategic stake and the green-lighting of Alaska’s Ambler Road project.
• AppLovin (NASDAQ: APP) – App-monetization/Ad-tech; rebounded ~7% as dip-buyers stepped in a day after headlines about an SEC probe sparked a sharp selloff.
• Advanced Micro Devices (NASDAQ: AMD) – AI/accelerator chips; added ~4% as investors kept bidding up names leveraged to Monday’s OpenAI partnership splash.

Losers Of Note:

• Ford (NYSE: F) – Automaker; fell ~6–7% after reports that a fire at a major aluminum supplier could disrupt production for months.
• Tesla (NASDAQ: TSLA) – EV maker; slid ~4% as newly announced lower-priced Model Y/3 trims were viewed as not cheap enough to be a true growth catalyst.
• Oracle (NYSE: ORCL) – Enterprise software & cloud; dropped ~2–4% on a report suggesting thin margins in its AI-compute business.

Active Traders Of Note:

• Nvidia (NASDAQ: NVDA) – AI chips; heavy volume as the Oracle margin debate kept attention on GPU economics across the AI stack.
• Alphabet (NASDAQ: GOOGL) – Search & cloud; busy tape with shares down alongside broader AI-profitability jitters cited in the afternoon selloff.
• Constellation Brands (NYSE: STZ) – Beer, wine & spirits; elevated volume after an earnings beat and steady guidance kept bulls engaged.

Looking Forward:

With momentum cooling and gold at records, attention turns to whether AI-led leadership can reassert itself or if defensives continue to catch a bid. Watch for ongoing fallout from the Oracle-margin narrative, any Tesla pricing follow-through, and corporate updates to set the tone. A thin data calendar (thanks to the shutdown) keeps the focus on earnings pre-announcements and single-name catalysts into tomorrow’s open.

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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