S&P 500 Index Slips into Negative Territory Amid Late Session Selling

The major U.S. stock indices have erased much of their earlier gains, with the S&P 500 now slipping into negative territory as late-session selling accelerates. Earlier in the day, optimism pushed all three major averages sharply higher, but that enthusiasm has faded as investors take profits and selling broadens. The S&P 500, which was up as much as 55.53 points at its session high, is now down 14 points (-0.19%). The NASDAQ Composite, after rallying 295.36 points at its peak, has nearly erased the entire advance, with its intraday low showing a gain of just 1.75 points before a modest bounce. Meanwhile, the Dow Jones Industrial Average has experienced an even more dramatic reversal, swinging from a gain of 266 points to a loss of as much as 364 points before trimming some of those declines. The sharp reversal highlights a shift in sentiment as buyers who drove the morning rally have stepped aside, allowing sellers to regain control into the close.

### Key Market Movers

**Biggest Losers:** - Whirlpool fell $1.76 or -4.60% to $36.48 - Chipotle Mexican Grill fell $1.33 or -3.85% to $33.12 - ARK Genomic Revolution fell $1.45 or -3.62% to $38.42 - First Solar fell $7.30 or -3.44% to $204.69 - Oracle fell $4.12 or -3.26% to $122.29 - Tesla fell $10.82 or -2.84% to $370.02 - Eli Lilly fell $26.47 or -2.24% to $1,152.64 - Morgan Stanley fell $4.58 or -2.13% to $210.92

**Positive Performers:** - Lumentum Holdings rose $39.88 or 5.44% to $772.70 - Credo Technology Group rose $10.06 or 4.96% to $212.74 - Coherent rose $9.64 or 3.47% to $287.25 - Marvell Technology rose $6.50 or 3.44% to $195.18 - Advanced Micro Devices (AMD) rose $12.60 or 2.54% to $508.36

The markets cannot maintain upward momentum, indicating a potential sector rotation where gains in some areas come at the expense of declines in others.