
News
The S&P 500 Index initially closed down 0.4%, with the energy sector falling 1%, and sectors such as telecommunications, consumer discretionary, and technology dropping by up to 0.8%.
The Nasdaq 100 Index initially closed down 0.4%, with component stocks Airbnb, Shopify, Copart, Marriott Intl New, Marvell Technology, and AppLovin dropping at least 2%, Google A down 1.5%, while Grail, Gilead Sciences, and Regeneron Pharmaceuticals rose over 2.5%.
The Nasdaq Biotechnology Index rose 1.5%, the Seven Giants Index fell 0.7%, and the "Trump Tariff Losers Index" rose 0.4%
