US stocks are lower as Technology lags and Utilities leads sector gains

As seen on the 24/7 Wall St. homepage on November 13, 2026.

Market explainer · After the open

US stocks are lower as Technology lags and Utilities leads sector gains

  • S&P 500-0.9%
  • Nasdaq 100-1.9%
  • Dow-0.3%
  • Russell 2000-1.0%

Hot PPI data (6.5% per Kalshi) and Fed's Goolsbee saying inflation is broad-based weigh on sentiment, per Wall St. Engine on X.

LeadingConsumer Staples +0.7%Communication Services +0.4%Energy +0.4%
LaggingTechnology -2.8%Consumer Discretionary -0.8%Industrials -0.8%
Sources

Mentioned: SPY, QQQ, DIA, IWM

Sponsored

Related Market Updates

Market explainer · After the open

US stocks are lower; Energy leads while Technology lags

  • S&P 500-0.3%
  • Nasdaq 100-0.6%
  • Dow-0.1%
  • Russell 2000-1.4%

Per CNBC, stock futures declined as Jensen Huang's ouster sent Nvidia reeling and oil prices rose.

LeadingEnergy +0.9%Utilities +0.3%Consumer Discretionary +0.2%
LaggingTechnology -0.9%Materials -0.8%Industrials -0.5%
Sources
Read more
Market explainer · After the close

US stocks closed higher; Technology leads, Consumer Discretionary lags

  • S&P 500+1.3%
  • Nasdaq 100+2.3%
  • Dow+0.5%
  • Russell 2000+0.9%

Per CNBC, Nasdaq gained more than 1% as a CoreWeave spike revitalized the AI trade.

LeadingTechnology +3.2%Energy +1.9%Industrials +1.3%
LaggingConsumer Discretionary 0.0%Real Estate 0.0%Health Care 0.0%
Sources
Read more
Market explainer · After the open

US stocks are higher; Technology leads while Financials lag

  • S&P 500+0.9%
  • Nasdaq 100+1.9%
  • Dow-0.2%
  • Russell 2000+0.5%

Tech is rebounding on AI infrastructure strength after CoreWeave's earnings beat and raised outlook, per CNBC and Yahoo Finance.

LeadingTechnology +3.0%Energy +1.6%Industrials +0.8%
LaggingHealth Care -0.7%Consumer Staples -0.5%Consumer Discretionary -0.4%
Sources
Read more
Market explainer · After the close

US stocks closed lower; Technology lags while Financials and Communication Services lead

  • S&P 500-0.4%
  • Nasdaq 100-0.7%
  • Dow-0.3%
  • Russell 2000-0.7%

Per CNBC, the S&P 500 fell, dragged down by a Nvidia sell-off and rate-hike fears after hot inflation data.

LeadingFinancials +0.5%Energy +0.4%Communication Services +0.4%
LaggingTechnology -1.2%Materials -0.2%Utilities -0.1%
Sources
Read more
Market explainer · After the open

US stocks are lower; Utilities and Materials lag while Energy holds up best

  • S&P 500-0.4%
  • Nasdaq 100-0.4%
  • Dow-0.5%
  • Russell 2000-1.0%

Per Yahoo Finance, Dow and S&P 500 slipped after CPI data raised Fed rate-hike bets.

LeadingFinancials -0.1%Energy -0.2%Communication Services -0.2%
LaggingMaterials -0.8%Industrials -0.8%Utilities -0.7%
Sources
Read more
Market explainer · After the close

US stocks closed higher; Technology leads, Utilities and Energy lag

  • S&P 500+2.4%
  • Nasdaq 100+3.5%
  • Dow+2.2%
  • Russell 2000+3.2%

Nasdaq surged and the Dow and S&P 500 rallied on the AI tech trade rising, per Yahoo Finance, despite Nvidia's stock slide.

LeadingIndustrials +3.8%Technology +3.7%Consumer Discretionary +2.9%
LaggingEnergy +0.5%Consumer Staples +0.9%Financials +1.5%
Sources
Read more
Market explainer · After the open

US stocks are higher; Technology leads while Consumer Staples lags

  • S&P 500+1.9%
  • Nasdaq 100+2.8%
  • Dow+1.5%
  • Russell 2000+2.2%

Dow rallies as oil slides and tech stocks outside of Nvidia gain, per CNBC.

LeadingIndustrials +3.0%Technology +2.9%Consumer Discretionary +2.6%
LaggingConsumer Staples 0.0%Energy +0.2%Financials +0.8%
Sources
Read more
Bespoke @bespokeinvest

Ten for ten: every prior flat-open, 4%-plus intraday washout in the S&P 500 ETF was followed by a higher price one year later, which marks Thursday's selloff as capitulation.

On Thursday, the S&P 500 ETF $SPY opened flat and traded down 4%+ from the open to the close. Red dots on the chart below show prior occurrences. Higher one year later all ten times. Are massive big open to close drops a clearing event? https://t.co/TsJOm45OoL
  • Replies8
  • Reposts5
  • Likes27
Read more
Market explainer · After the close

US stocks are mixed as Technology leads and Consumer Staples lags

  • S&P 500+0.3%
  • Nasdaq 100+1.4%
  • Dow-0.4%
  • Russell 2000+1.0%

Per Bloomberg, a US stock rout paused as dip buyers offered support, while per Kiplinger, Nasdaq tech stocks rebounded.

LeadingTechnology +1.5%Communication Services +0.4%Industrials +0.1%
LaggingConsumer Staples -1.3%Materials -0.7%Real Estate -0.7%
Sources
Read more
Market explainer · After the open

US stocks are higher; Technology leads while Consumer Staples lags

  • S&P 500+0.8%
  • Nasdaq 100+1.7%
  • Dow0.0%
  • Russell 2000+0.6%

Per CNBC-style reporting in the news feed, chip stocks are rebounding after a sharp AI-related selloff, and the October jobs report beat forecasts with 165,000 jobs added, per Yahoo Finance.

LeadingTechnology +1.7%Consumer Discretionary +0.9%Communication Services +0.8%
LaggingConsumer Staples -0.9%Health Care -0.1%Utilities 0.0%
Sources
Read more
Market explainer · After the close

US stocks are sharply lower; Technology leads the decline while Utilities lags

  • S&P 500-4.4%
  • Nasdaq 100-6.5%
  • Dow-3.5%
  • Russell 2000-4.6%

Per CNBC, the Dow dropped 1,800 points and the Nasdaq tumbled into correction territory on an AI tech selloff.

LeadingCommunication Services -0.6%Utilities -0.7%Consumer Staples -0.8%
LaggingTechnology -8.0%Industrials -4.1%Consumer Discretionary -3.8%
Sources
Read more