Stock Market Update
09-Jul-26 14:30 ET
S&P 500 Rises as AI Infrastructure Stocks Lead While APA Slides on Sector Rotation
Dow +142.14
at 52490.53,
Nasdaq +321.62
at 26213.27,
S&P +59.84
at 7542.55
[BRIEFING.COM] The S&P 500 (+0.80%) is in second place on Thursday afternoon, up about 60 points.
Briefly, S&P 500 constituents Lumentum (LITE 787.89, +80.79, +11.43%), Hewlett Packard Enterprise (HPE 49.02, +4.35, +9.75%), and Flex (FLEX 143.13, +9.76, +7.32%) dot the top of the standings. LITE, HPE, and FLEX rally as investors rotated back into AI infrastructure stocks tied to data center networking, servers, and hardware demand.
Meanwhile, APA Corp. (APA 33.68, -1.38, -3.92%) slips in the standings as investors took profits in energy names and rotated into AI and technology stocks, overshadowing the company's recent operational update ahead of earnings.
