Stock Leadership Shifts Amid Record ETF Inflows
U.S. stocks undergo sector rotation: energy gains, communications lags, as record ETF inflows coincide with a slight dip in asset values.
33 min ago64 min read
Stocks fall the day after Labor Day for a 10th straight year
US indexes closed lower after Labor Day for a 10th straight year; the S&P 500 fell 0.6% and the Nasdaq lost 0.3%.
08/09/2026 20:113 min read
For the 10th consecutive year, the trading session after Labor Day closed in the red. The streak is chalked up to the depressing feeling that comes with summer winding down.
The S&P 500 lost 0.6% on the day, a decline within the usual range except for the sharp selloffs seen in 2024 and 2020. AI anxieties returned as the main weight, pulling Nvidia down 2.1% and MCFT down 1.2%. Healthcare bore the brunt of the session's selling: Amgen dropped 10%, while the rest of the sector posted losses of 2-3%. By contrast, oil companies, Tesla, Intel, AMD and Broadcom turned in relative strength.
Closing changes:
- S&P 500 -0.6%
- Nasdaq Comp -0.3%
- Russell 2000 -0.3%
- DJIA -1.2%
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Related articles
Amex Shares Fall 3.62% Despite Q3 Profit Beat, Job Cuts for AI
American Express shares fell 3.62% despite beating Q3 profit estimates, as the company announced job cuts for AI and underlying business growth was weak.
5 h ago9 min read
Swiss Blue Chips Surge as AI Rally Fades and Borrowing Costs Rise
Swiss blue chips lead euro-area peers by nearly 8 points in October as AI bubble fears, rising costs, and political risk drive rotation.
10 h ago7 min read
Dow's slide paces Wall Street's Friday drop; small caps cap strong week
U.S. stocks fell Friday as the Dow dropped 1.24%, but small caps still finished the week higher, with the Russell 2000 up about 2%.
23 h ago18 min read