In partnership with
📉 TL;DR — What Moved, What Didn’t
Wall Street hit the brakes midweek: big banks and mega-cap tech dragged indexes lower, even as most stocks actually rose. Markets liked a softer CPI inflation print, but nerves lingered around political pressure on the Federal Reserve. The S&P 500 slipped after a new record, while the Nasdaq 100 took the bigger hit.
Early bank earnings set the tone, with several lenders sliding after results, but energy and smaller-company stocks held up better. Treasury yields eased, hinting the bond market still expects rate cuts later in 2026. Bitcoin jumped and metals climbed as traders kept one eye on geopolitics.
Quick Levels → Week-to-date change
S&P 500: 6,926.59 | ↓0.57% Nasdaq 100: 25,465.94 | ↓1.17% Dow: 49,149.64 | ↓0.72% Russell 2000: 2,651.64 | ↑1.04% | Gold/oz: $4,613 | ↑2.29% Silver/oz: $91.10 | ↑13.98% Bitcoin (BTC): $96,789 | ↑6.49% DXY (US Dollar Index): 99.06 | ↓0.08% |
🚀 Top Movers This Week
Alibaba (BABA) ↑12.55% — China’s plan to speed AI adoption sparked a sharp Monday pop in China tech.
CoreWeave (CRWV) ↑12.05% — Analyst upgrade and management pushback on GPU-life worries fueled another burst of momentum.
Cenovus (CVE) ↑11.81% — Oil jumped on Iran-supply worries and Venezuela headlines, lifting Canadian producers like Cenovus.
EchoStar (SATS) ↑9.24% — Satellite-spectrum sale headlines and regulatory optimism kept buyers pushing, despite big volatility.
Trip.com (TCOM) ↓17.20% — China opened antitrust probe; investors braced for fines and forced business changes.
Citigroup (C) ↓7.34% — Quarterly results beat adjusted estimates, but Russia exit charges and higher costs spooked holders. Trump’s 10% credit-card rate cap chatter hit bank sentiment.