US Stock Market

If you’re looking at your account today thinking, “Didn’t we just have a huge April — and tech is still taking off?” that’s pretty much the story. The market kicked off May by leaning even harder into the same trade: big tech, growth, and racier stocks up; old-school and defensive names lagging.

What actually moved

The headline: the S&P 500 rose about 0.3%, the Nasdaq jumped nearly 0.9%, small caps gained around 0.5%, and the Dow was the odd one out, slipping about 0.3%. So the “tech-heavy stuff up, blue‑chip index down” split was real.

Leadership was very clear:

• Technology was the star, up about 1.5%. Apple jumped over 3%, Intel more than 5%, Micron nearly 5%, AMD around 1–2%, and Tesla about 2–3%. Amazon and Microsoft were solidly green too.
• On the flip side, energy dropped roughly 1.4%, with industrials and utilities also in the red. Healthcare and consumer staples — the “safety” corners of the market — were down as well.

Style-wise, investors paid up for excitement:

• Growth beat value again (growth up about 0.7%, value down slightly).
• High‑beta — the more volatile, go‑for‑it stocks — outperformed, while low‑volatility, steady names fell.