Stock market today: S&P 500, Nasdaq notch fresh records as tech leads markets higher, oil falls
Energy is catching a refinery bid.
Crude oil (CL=F) is slightly lower today, but energy stocks and ETFs are perking up as the market looks past the barrel and into refined products. Marathon Petroleum (MPC), Suncor (SU), Williams (WMB), and the oil refiners ETF (CRAK) are all at intraday highs, helped by a Goldman note making the rounds on a refined-products shortage.
Here are this morning’s intraday record highs:
Indexes: Nasdaq Composite (^IXIC), Nasdaq 100 (^NDX), Russell 2000 (^RUT), PHLX Semiconductor Index (^SOX)
Dow Jones Sectors/Industries: Large-Cap Technology, Telecom Equipment, Heavy Construction, Internet Services, Retailer, Broadline, Steel, Technology, Tech Hardware & Equipment
Large-cap sector ETFs: Technology (XLK)
Small-cap sector ETFs: Small-cap tech (PSCT)
Industry/Style/Country ETFs: Tanker Shipping (BWET), Oil Refiners (CRAK), Taiwan (EWT), South Korea (EWY), Semiconductors (SOXX), High Beta (SPHB), Value (VLUE)
Utilities stocks: American Electric Power (AEP)
Consumer discretionary stocks: Amazon (AMZN)
Consumer staples stocks: Casey’s (CASY)
Financial stocks: Allstate (ALL), Cboe (CBOE), Interactive Brokers (IBKR)
Industrial stocks: Cummins (CMI), Emcor (EME), Comfort Systems (FIX), Johnson Controls (JCI), Powell Industries (POWL), Quanta Services (PWR), Rockwell Automation (ROK), Tsakos Energy Navigation (TEN)
Energy stocks: Marathon Petroleum (MPC), Suncor (SU), Williams (WMB)
Materials stocks: Steel Dynamics (STLD)
Tech stocks: ASE Technology (ASX), AXT (AXTI), Alphabet (GOOG, GOOGL), Cisco (CSCO), ChipMOS (IMOS), Intel (INTC), Keysight (KEYS), Kulicke & Soffa (KLIC), MKS Instruments (MKSI), Micron (MU), MaxLinear (MXL), NXP Semiconductors (NXPI), Silicon Motion (SIMO), Sandisk (SNDK), Seagate (STX), United Microelectronics (UMC), Vishay Intertechnology (VSH), Western Digital (WDC), Wolfspeed (WOLF)