The S&P 500 closed down 0.4% in preliminary trading, with the industrial sector falling 1.7%, the technology sector dropping 1.6%, the energy sector declining 0.7%, while the financial sector rose 1.1%.
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The Nasdaq 100 Index preliminarily closed down 0.8%. Among its components, Micron Technology fell 9.6%, Western Digital dropped 8.5%, Marvell Technology, Lam Research, Arm Holdings, and MPWR declined by up to 7.4%. Zscaler rose 2.8%, Intuit gained 2.9%, Workday increased by 2.5%, Palo Alto Networks (PANW) climbed 4.9%, and Insmed rose 5.9%.Salesforce preliminarily closed up 3.1%, leading the Dow Jones index components. Travelers Companies Inc. and Disney both gained more than 2%, American Express rose 1.9%. Boeing, NVIDIA, and Merck each fell by up to 1.5%. Cisco dropped 3.4% and Caterpillar declined 3.8%. The Semiconductor Index fell 4.2%.
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