The S&P 500 (SPX) rallied to a new all-time high on Friday amid rising investor optimism over a second round of peace talks between the U.S. and Iran.
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Trade QQQ with leverageLet’s break down the sectors behind the performance.
Today’s Top-Performing Sector
Information technology was the top-performing sector on Friday, powered by a blowout earnings report from Intel (INTC). INTC surged to an all-time high and topped its dot-com-era peak. Furthermore, the report provided a helping hand to semiconductor peers, including AMD (AMD) and Qualcomm (QCOM).
Several information technology stocks led the sector’s gains, including:
Today’s Worst-Performing Sector
Meanwhile, the health care sector faced the largest drawdown as investors increased risk exposure. Health care is viewed as a defensive sector, and demand for it eased as sentiment shifted toward higher-risk assets. In addition, several large-cap names faced losses, adding to the pressure. HCA Healthcare (HCA) led the group to the downside with its largest daily loss since October 2024 after its earnings report fell short of expectations.
Notable health care stocks trading lower include: