Weekly S&P 500 update May 4-8

Weekly S&P 500 update May 4-8

$SPY closed the week up 2.4%, with technology leading the market.

Sorted movers from the heatmap:

$MU #MicronTechnology +37.5%

$AMD #AdvancedMicroDevices +26.3%

$INTC #Intel +25.1%

$ORCL #Oracle +13.9%

$TSLA #Tesla +9.2%

$NVDA #NVIDIA +7.9%

$KLAC #KLA +7.9%

$AAPL #Apple +4.8%

$GOOGL #Alphabet +4.2%

$BA #Boeing +3.0%

$AMZN #Amazon +2.0%

$AVGO #Broadcom +1.9%

$MA #Mastercard +0.1%

$MSFT #Microsoft -0.1%

$META #MetaPlatforms -0.3%

$MRK #Merck -0.8%

$WMT #Walmart -1.0%

$JNJ #JohnsonAndJohnson -2.9%

$V #Visa -3.2%

$JPM #JPMorganChase -3.8%

$NFLX #Netflix -4.9%

$CVX #Chevron -5.0%

$XOM #ExxonMobil -6.1%

Main takeaway: semiconductors drove the index higher, while energy, healthcare, and parts of financials remained under pressure.

#SP500 #SPY #StockMarket #Investing #Equities #Technology #Semiconductors #Finance #Markets