Technology remained one of the strongest areas of the market. Broadcom rose after Meta extended its custom chip partnership, while software shares also advanced as investors returned to names that had fallen earlier in the year. Oracle, Microsoft, Palantir, Datadog, ServiceNow, and Salesforce were among the companies that added to the sector’s rebound.
Robinhood also moved higher after US regulators approved changes tied to restrictions on day trading by smaller investors. The change lifted sentiment around retail trading platforms, and Webull rose on the same development.
Outside equities, the broader market remained mixed. West Texas Intermediate crude climbed above $92 a barrel, while Brent traded near $95. Oil stayed supported by supply concerns tied to the Strait of Hormuz, where the conflict has disrupted a large share of global crude flows. At the same time, Treasury yields rose, with the 10-year yield near 4.28%, showing that bond investors were still pricing in inflation risk.
Gold slipped, and the dollar was little changed. In , Bitcoin held near $74,168, while Ether rose above $2,340. Together, those moves suggested that investors were not shifting heavily into traditional defensive assets during the session.