US Stock Market Sector Analysis – Wednesday, September 03, 2025 Sectors: MIXED

A surprise swing in big tech set the tone for the US stock market today after Alphabet (GOOG) jumped 9.0% on headlines tied to the Google antitrust trial and renewed optimism around ad durability, lifting the Mag 7 (AI Spenders) group up 2.1% on the day. Broader markets felt the tug-of-war between growth and cyclical news: Energy slid 2.4% as Chevron (CVX) fell 2.3% and Exxon Mobil (XOM) dropped 2.4%, while Retail and Airlines eked out gains. Macroeconomic relief from weaker-than-expected jobs data pushed rate-cut odds higher and supported defensive sectors, but sector leadership remained concentrated—only 8 of 24 sectors sit above their 50-day moving averages. Notable corporate movers included Apple (AAPL) rising 3.8% amid iPhone 17 commentary and Marvell (MRVL) slipping 3.5% after a product update in the chip supply chain.

Market Condition Dashboard

US 10-Year Treasury Yield

Wait & Watch

4.22%

stable

Impact

Confidence

Crude Oil (WTI)

Neutral

$63.97

-2.5% 1D

Impact

Confidence

VIX (Fear Index)

Normal Range

16.4

-4.8% 1D

Impact

Confidence

200-Day Moving Average

Bullish Trend Intact

0/3 below

SPY above (+8.7%), QQQ above (+10.0%), DIA above (+5.7%)

Impact

Confidence

Tracked Stocks Breadth (50DMA)

Add Cash

44%

30 of 68 above 50DMA · -16.2pp 5D

Impact

Confidence

Put/Call Ratio (5D)

Contrarian Sell Signal

0.67

Too Optimistic · stable

Impact

Confidence

Signal analysis only — not investment advice

Sector Heatmap (1D)

Memory & Storage +3.10%

Mag 7 (AI Spenders) +2.11%

Retail +1.40%

AI Networking & Interconnect +1.06%

Airlines +0.82%

Hospitality & Travel +0.81%

Infrastructure +0.51%

Logistics +0.29%

Chip Equipment +0.28%

EDA & Semiconductor IP +0.21%

AI Power & Grid +0.18%

Enterprise Software +0.18%

IT Services +0.14%

Media & Entertainment +0.12%

Healthcare +0.03%

Finance -0.05%

Cybersecurity -0.33%

Defense & Aerospace -0.39%

Materials -0.40%

Biotech -0.41%

Chip Supply Chain -0.46%

Telecom -0.51%

Utilities -0.73%

Industrial -0.94%

Data Center REITs -1.05%

Food & Restaurant -1.31%

Analog & Embedded Chips -1.35%

Energy -2.38%

≤-3%0≥+3%

Sector Performance (Base=100)

AI and Technology Sector Analysis

The AI investment narrative held center stage as the Mag 7 outperformed the S&P 500 intraday, led by Alphabet (GOOG) at $230.44 (1d:+9.0%) and Apple (AAPL) at $237.80 (1d:+3.8%), underscoring investor preference for platform and consumer AI exposure. Chip supply chain and infrastructure signals were mixed: Marvell (MRVL) at $62.18 (1d:-3.5%) pulled back despite a new CXL product line, while NVIDIA (NVDA) at $170.39 (1d:-0.1%) remains a key read on AI hardware demand even as it sits below its 50-day average. Enterprise software names and data-center plays showed tepid follow-through, highlighting that durable AI adoption still depends on capex cycles, broader infrastructure upgrades, and software monetization paths.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	+2.1%	+0.1%	+3.2%	ABOVE
Chip Supply Chain	-0.5%	-4.5%	+1.3%	ABOVE
Memory & Storage	+3.1%	+5.6%	+17.8%	ABOVE
EDA & Semiconductor IP	+0.2%	-2.8%	-4.1%	ABOVE
Infrastructure	+0.5%	-4.1%	-3.3%	BELOW
AI Networking & Interconnect	+1.1%	+0.4%	-5.8%	ABOVE
Enterprise Software	+0.2%	-0.5%	-4.4%	BELOW
Finance	-0.1%	-1.0%	+2.1%	ABOVE
Healthcare	+0.0%	+0.9%	+12.2%	BELOW
Retail	+1.4%	+1.8%	-2.8%	BELOW
IT Services	+0.1%	-0.7%	+0.0%	BELOW
Airlines	+0.8%	+0.9%	+16.3%	ABOVE
Hospitality & Travel	+0.8%	-1.1%	+1.0%	BELOW
Food & Restaurant	-1.3%	+0.9%	+1.1%	BELOW
Logistics	+0.3%	-2.9%	+0.1%	BELOW
Industrial	-0.9%	-3.7%	-2.4%	BELOW
Cybersecurity	-0.3%	-0.3%	-1.4%	BELOW
Chip Equipment	+0.3%	-5.0%	-2.1%	BELOW
Data Center REITs	-1.1%	-4.2%	-2.8%	BELOW
AI Power & Grid	+0.2%	-3.4%	-7.1%	BELOW
Utilities	-0.7%	-1.9%	-0.7%	BELOW
Energy	-2.4%	-0.7%	+5.3%	ABOVE
Defense & Aerospace	-0.4%	-0.8%	+2.8%	ABOVE
Telecom	-0.5%	-0.1%	+5.0%	ABOVE
Media & Entertainment	+0.1%	-0.2%	+3.0%	BELOW
Biotech	-0.4%	-1.1%	+1.5%	BELOW
Materials	-0.4%	-1.7%	+0.4%	ABOVE
Analog & Embedded Chips	-1.4%	-4.6%	+4.3%	BELOW

Sector Strength

Memory & Storage +3.1% 20d: +17.8%

Western Digital (WDC) +5.0% (20d: +16.6%), Sandisk (SNDK) +3.8% (20d: +25.9%), Seagate (STX) +3.4% (20d: +19.7%)

Mag 7 (AI Spenders) +2.1% 20d: +3.2%

Alphabet (GOOG) +9.0% (20d: +17.4%), Apple (AAPL) +3.8% (20d: +12.0%), Tesla (TSLA) +1.4% (20d: +4.4%)

Retail +1.4% 20d: -2.8%

Walmart (WMT) +1.6% (20d: -3.6%), Costco (COST) +1.2% (20d: -1.9%) [<50MA]

AI Networking & Interconnect +1.1% 20d: -5.8%

Amphenol (APH) +1.3% (20d: +1.1%), Arista Networks (ANET) +1.1% (20d: -1.0%), Coherent (COHR) +0.8% (20d: -17.4%) [<50MA]

Airlines +0.8% 20d: +16.3%

United (UAL) +1.4% (20d: +19.5%), Delta (DAL) +0.2% (20d: +13.2%)

Sector Warnings

Energy -2.4% 20d: +5.3%

Exxon Mobil (XOM) -2.4% (20d: +6.0%), Chevron (CVX) -2.3% (20d: +4.6%)

Analog & Embedded Chips -1.4% 20d: +4.3%

Texas Instruments (TXN) -2.0% (20d: +5.3%) [<50MA], Analog Devices (ADI) -1.5% (20d: +11.2%), Microchip Technology (MCHP) -0.5% (20d: -3.7%) [<50MA]

Food & Restaurant -1.3% 20d: +1.1%

Starbucks (SBUX) -2.8% (20d: -1.3%) [<50MA], McDonald's (MCD) +0.2% (20d: +3.4%)

Data Center REITs -1.1% 20d: -2.8%

Equinix (EQIX) -1.2% (20d: -0.8%) [<50MA], Digital Realty (DLR) -0.9% (20d: -4.7%) [<50MA]

Industrial -0.9% 20d: -2.4%

Honeywell (HON) -1.7% (20d: -1.9%) [<50MA], Caterpillar (CAT) -0.2% (20d: -2.9%)

Sector Deep Dive

Technology / Mag 7: Alphabet (GOOG) paced the Magnificent Seven move, finishing at $230.44 with a 1-day gain of 9.0% and a 20-day advance of 17.4%; the stock sits comfortably above its 50-day trend (+37.8% vs 50d). Apple (AAPL) closed at $237.80, up 3.8% for the day and +12.0% over 20 days, maintaining a strong 50-day position (+19.2%). NVIDIA (NVDA) traded at $170.39 and was essentially flat today (1d:-0.1%) but remains +15.4% over 50 days; however, NVDA is trading below its 50-day average in the shorter-term breadth reading, signaling that leadership may be consolidating within the Mag 7 rather than broadening to mid-cap AI hardware names.

Chip Supply Chain & Equipment: The chip supply chain index slipped 0.5% on the day but remains +1.6% above its 50-day average, reflecting divergent signals across suppliers. Marvell (MRVL) finished at $62.18, down 3.5% after product announcements, highlighting investor caution despite incremental CXL traction. ASML (ASML) provided a rare bright spot in equipment, trading at $732.95 with a 1.5% gain and helping to anchor the equipment complex even as chip equipment peers show weakness versus their 50-day trends.

Energy & Materials: Energy led the losers as the sector fell 2.4% and both Chevron (CVX) and Exxon Mobil (XOM) underperformed, with CVX at $153.39 (1d:-2.3%) and XOM at $109.46 (1d:-2.4%), even though the group remains +7.8% above the 50-day average. Materials was down modestly by 0.4% but remains +3.1% above its 50-day, signaling that commodity-related reflation narratives still have some runway despite near-term profit-taking in energy names.

Services & Retail: Retail outperformed with a 1.4% gain and Walmart (WMT) trading at $98.85 (1d:+1.6%) as consumer resilience trended into discretionary spend. Food & Restaurant undercut that strength: Starbucks (SBUX) fell to $85.57 (1d:-2.8%) on an AI rollout announcement that failed to appease investors concerned about margin disruption and store traffic, and the sector sits below its 50-day average, suggesting mixed demand signals across consumer-facing operators.

Market Breadth Analysis

US stock market breadth analysis shows 11 of 28 sectors trading above their 50-day moving average, while 17 are below. With the majority of sectors below the 50-day MA, medium-term momentum is deteriorating. The 20-day breadth shows 11 sectors in negative territory, pointing to widespread selling pressure.

Interactive Charts

S&P 500, NASDAQ 100 & Dow Jones (%)

Green shading marks breadth-below-50% regimes: BUY at the 5th session (vertical line on the fire day), STRONG at the 10th (darker). A 3rd day back above 50% ends the regime; tolerated recovery days still count toward the session total. Research display only — not investment advice.

50-Day Sector Performance

1-Day vs 5-Day Sector Change

Active Alerts

HIGH IT Services down -15.7% over 50 days

HIGH 3 sectors declining >10% over 50 days: IT Services, Cybersecurity, Data Center REITs

LOW Analog & Embedded Chips below 50-day MA with avg 6 consecutive down days

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GOOG	$230.44	+9.0%	+11.0%	+17.4%	+37.8%	ABOVE	0
AAPL	$237.59	+3.8%	+3.5%	+12.0%	+19.2%	ABOVE	0
TSLA	$334.09	+1.4%	-4.4%	+4.4%	-1.9%	ABOVE	0
AMZN	$225.99	+0.3%	-1.4%	+1.7%	+6.2%	ABOVE	0
META	$734.64	+0.3%	-1.4%	-4.5%	+3.5%	ABOVE	0
MSFT	$501.23	+0.0%	-0.3%	-3.6%	+3.3%	BELOW	0
NVDA	$170.39	-0.1%	-6.0%	-4.9%	+15.4%	BELOW	5

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AVGO	$300.19	+1.4%	+0.7%	+0.2%	+14.6%	ABOVE	0
TSM	$228.86	+1.3%	-3.3%	+0.0%	+5.1%	BELOW	0
AMD	$162.13	-0.1%	-3.0%	-0.6%	+17.1%	ABOVE	3
INTC	$24.00	-0.9%	-3.4%	+17.6%	+6.4%	ABOVE	3
QCOM	$154.03	-0.9%	-1.6%	+7.8%	+1.0%	ABOVE	3
MRVL	$62.18	-3.5%	-16.7%	-17.3%	-17.1%	BELOW	1

Memory & Storage Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
WDC	$85.77	+5.0%	+6.6%	+16.6%	+38.6%	ABOVE
SNDK	$53.01	+3.8%	+9.4%	+25.9%	+12.0%	ABOVE
STX	$174.88	+3.4%	+5.4%	+19.7%	+30.0%	ABOVE
MU	$118.53	+0.2%	+0.8%	+9.1%	-7.1%	ABOVE

EDA & Semiconductor IP Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CDNS	$347.32	+1.3%	+0.1%	-3.6%	+17.0%	ABOVE	0
SNPS	$592.12	+0.0%	-1.8%	-5.4%	+23.6%	ABOVE	0
ARM	$131.42	-0.7%	-6.6%	-3.5%	-16.0%	BELOW	3

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DELL	$122.46	+2.5%	-6.4%	-3.2%	+3.3%	BELOW	0
VRT	$125.45	+1.3%	-2.9%	-10.1%	+2.7%	BELOW	0
HPE	$22.35	+0.6%	+0.4%	+13.4%	+25.7%	ABOVE	0
CSCO	$66.30	-0.2%	-1.1%	-2.2%	+0.3%	BELOW	3
SMCI	$40.10	-1.7%	-10.4%	-14.3%	-6.4%	BELOW	4

AI Networking & Interconnect Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
APH	$109.94	+1.3%	+0.5%	+1.1%	+15.5%	ABOVE
ANET	$137.38	+1.1%	+3.1%	-1.0%	+44.7%	ABOVE
COHR	$88.47	+0.8%	-2.5%	-17.4%	+9.3%	BELOW

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CRM	$254.30	+1.4%	+2.5%	+2.9%	-5.4%	BELOW	0
NOW	$183.88	+0.9%	+3.5%	+0.8%	-7.7%	BELOW	0
ADBE	$348.50	+0.8%	-2.2%	+0.8%	-8.9%	BELOW	0
ORCL	$220.93	-0.8%	-5.2%	-12.9%	+4.0%	BELOW	3
PLTR	$154.90	-1.4%	-1.2%	-13.7%	+8.1%	BELOW	1

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GS	$719.98	-0.0%	-2.0%	+1.3%	+10.9%	ABOVE	3
JPM	$293.89	-0.1%	+0.1%	+2.8%	+7.0%	ABOVE	2

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$733.21	+0.4%	+0.5%	-0.9%	-5.0%	BELOW	0
UNH	$299.85	-0.3%	+1.3%	+25.3%	+0.7%	ABOVE	2

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
WMT	$98.61	+1.6%	+3.5%	-3.6%	+1.7%	ABOVE	0
COST	$944.27	+1.2%	+0.0%	-1.9%	-5.1%	BELOW	0

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
IBM	$237.91	+1.1%	-0.3%	-2.6%	-16.4%	BELOW	0
ACN	$249.02	-0.8%	-1.2%	+2.7%	-15.1%	BELOW	2

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UAL	$106.16	+1.4%	+1.9%	+19.5%	+34.3%	ABOVE	0
DAL	$60.61	+0.2%	+0.0%	+13.2%	+24.1%	ABOVE	0

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
BKNG	$221.45	+1.4%	-0.6%	+0.8%	+1.8%	BELOW	0
MAR	$262.88	+0.2%	-1.7%	+1.2%	-1.1%	BELOW	0

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MCD	$310.65	+0.2%	+2.2%	+3.4%	+9.2%	ABOVE	0
SBUX	$85.08	-2.8%	-0.5%	-1.3%	-4.0%	BELOW	1

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
FDX	$178.11	+0.5%	-3.0%	-0.5%	-1.8%	BELOW	0
UPS	$80.03	+0.1%	-2.9%	+0.8%	-13.6%	BELOW	0

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CAT	$411.42	-0.2%	-4.1%	-2.9%	+11.7%	ABOVE	3
HON	$207.47	-1.7%	-3.3%	-1.9%	-4.2%	BELOW	3

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
PANW	$191.53	+0.5%	+2.1%	+10.8%	-5.0%	ABOVE	0
CRWD	$103.30	-0.1%	-2.2%	-8.5%	-14.9%	BELOW	3
ZS	$270.58	-1.5%	-0.9%	-6.5%	-12.3%	BELOW	3

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ASML	$732.00	+1.5%	-4.3%	+6.6%	-9.2%	BELOW	0
LRCX	$97.20	+0.7%	-5.7%	+1.9%	+2.2%	BELOW	0
KLAC	$83.94	-0.3%	-5.1%	-4.8%	-4.9%	BELOW	3
AMAT	$155.39	-0.8%	-5.0%	-12.0%	-13.0%	BELOW	3

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DLR	$156.97	-0.9%	-4.8%	-4.7%	-9.1%	BELOW	4
EQIX	$746.25	-1.2%	-3.6%	-0.8%	-15.4%	BELOW	4

AI Power & Grid Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
VST	$187.14	+1.2%	-3.3%	-6.3%	+1.0%	BELOW	0
CEG	$306.77	+0.4%	-2.4%	-8.7%	-3.7%	BELOW	0
PWR	$374.09	-0.1%	-1.9%	-3.4%	+0.6%	BELOW	3
ETN	$339.21	-0.2%	-2.4%	-4.0%	+0.2%	BELOW	3
GEV	$575.73	-0.5%	-7.3%	-13.2%	+13.0%	BELOW	3

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DUK	$117.38	-0.3%	-1.8%	-2.1%	+4.8%	ABOVE	2
SO	$88.73	-0.5%	-1.7%	-2.4%	+1.6%	BELOW	2
NEE	$70.15	-1.4%	-2.3%	+2.3%	+1.1%	BELOW	1

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CVX	$152.07	-2.3%	-0.7%	+4.6%	+11.3%	ABOVE	1
XOM	$108.76	-2.4%	-0.7%	+6.0%	+4.3%	ABOVE	1

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
RTX	$155.80	+0.1%	-1.1%	+2.0%	+12.0%	ABOVE	0
GD	$317.21	-0.5%	-0.8%	+2.5%	+15.4%	ABOVE	4
LMT	$440.46	-0.8%	-0.5%	+4.0%	-1.7%	ABOVE	1

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
VZ	$40.94	-0.1%	-1.2%	+3.3%	+4.3%	ABOVE	2
T	$27.73	-0.1%	-0.1%	+5.6%	+3.7%	ABOVE	2
TMUS	$248.86	-1.3%	+0.9%	+6.0%	+10.3%	ABOVE	1

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
NFLX	$122.62	+1.0%	+0.2%	+4.0%	-4.1%	BELOW	0
DIS	$115.70	-0.8%	-0.6%	+1.9%	-1.1%	BELOW	2

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GILD	$110.12	+0.2%	-0.8%	+2.5%	+5.4%	BELOW	0
AMGN	$276.19	-1.1%	-1.4%	+0.5%	+3.1%	BELOW	2

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
APD	$283.72	-0.3%	-1.1%	+0.8%	+4.3%	ABOVE	3
LIN	$465.51	-0.5%	-2.3%	+0.1%	+1.9%	ABOVE	4

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MCHP	$61.66	-0.5%	-5.1%	-3.7%	-9.5%	BELOW	7
ADI	$242.27	-1.5%	-3.9%	+11.2%	+4.5%	ABOVE	5
TXN	$190.80	-2.0%	-4.7%	+5.3%	-4.2%	BELOW	5

Key Stock Movers

Today's biggest movers by absolute percentage change: Alphabet (GOOG) (Mag 7 (AI Spenders)) rose 9.0% to $230.44. Western Digital (WDC) (Memory & Storage) rose 5.0% to $85.77. Apple (AAPL) (Mag 7 (AI Spenders)) rose 3.8% to $237.59. Sandisk (SNDK) (Memory & Storage) rose 3.8% to $53.01. Marvell (MRVL) (Chip Supply Chain) fell 3.5% to $62.18. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 2 high-severity alerts are currently active, signaling significant sector declines that warrant portfolio risk management attention. Consider reducing exposure to affected sectors and tightening stop-loss levels.

US Stock Market Outlook

Forward-looking positioning should respect the narrow leadership: alerts show three sectors with >10% declines over 50 days (IT Services, Cybersecurity, Data Center REITs) and eight sectors above their 50-day moving averages, indicating uneven breadth in the S&P 500. With active high alerts on IT Services (-15.7% over 50 days) and continued weakness in data-center and security-related groups, tactically favor Mag 7 exposure and selective materials/airlines names that remain above 50-day support while trimming names in flagged weak sectors. Monitor market breadth and the count of sectors above/below 50MA as the primary risk gauge for rotational trades into earnings and Fed-driven rate expectations.

← 2025-09-02

Calendar

2025-09-04 →