1 min read
Good morning. Stocks were mixed on Friday, while the Tech (XLK) sector declined, capping a volatile week.
Neocloud provider CoreWeave (CRWV) sank 6%, reversing gains from Thursday amid continued worries over AI financing.
AI semiconductor giants Nvidia (NVDA) and AMD (AMD) were on pace to end the week lower. Memory giants Micron (MU) and SK Hynix (SKHY) also declined, along with flash memory maker Sandisk (SNDK), following a broader sector sell-off earlier in the week.
Meanwhile, Tesla (TSLA) stock popped after the EV maker’s jaw-dropping Roadster event.
Here’s a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Defensive sectors rose, with Healthcare (XLV) hovering near all-time highs.
Energy stocks (XLE) also gained, as Brent crude oil futures (BZ=F) traded near $105 per barrel. West Texas Intermediate futures (CL=F) hovered near $96 per barrel.
The 10-year Treasury (^TNX) yield climbed back up to 5.13%.
Here are some other notable stocks that Yahoo Finance readers are viewing this morning: ServiceNow (NOW), Nike (NKE), and QuantumScape (QS).
Ines Ferre is a Senior Business Reporter for Yahoo Finance covering the US stock market, publicly traded companies, and commodities. She has reported live from the floor of the New York Stock Exchange and Nasdaq.
Click here for the latest stock market news and in-depth analysis, including events that move stocks
