US stocks closed higher; Technology leads while Consumer Staples lags

As seen on the 24/7 Wall St. homepage on November 3, 2026.

Market explainer · After the close

US stocks closed higher; Technology leads while Consumer Staples lags

  • S&P 500+0.3%
  • Nasdaq 100+0.6%
  • Dow-0.4%
  • Russell 2000+0.2%

Chip stocks rallied, per CNBC, as the S&P 500 snapped a three-day skid on Election Day.

LeadingTechnology +1.3%Communication Services +1.2%Industrials +0.9%
LaggingConsumer Staples -2.1%Materials -2.0%Energy -0.8%

Mentioned: SPY, QQQ, DIA, IWM, XLK, XLC, XLP, XLB

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