U.S. stocks edged lower on Thursday, pausing after a record-setting run. The S&P 500 slipped 0.4% by midday in New York, retreating from an all-time high of 5,674 hit at the open.
The consumer discretionary sector is underperforming due to stock concentration in Tesla and Amazon, but smaller companies in the sector are quietly delivering steady gains.
The technology sector, a dominant force in recent market rallies, experienced a significant downturn today, October 3, 2025, as the Nasdaq Composite (NASDAQ: COMP) retreated sharply, pulling down a broad array of tech stocks within the S&P 500 (NYSE: SPX). This underperformance signals a potential shift in investor sentiment,
Wall Street moved modestly higher by midday Friday, yet major indexes remain on pace to break a three-week winning streak. At midday, the S&P 500 was up 0.4% to 6,630, while the Nasdaq 100 gained 0.2% to 24,440. The Russell 2000, the benchmark small-cap index, rebounded 0.5%.
