Finance Liveblog Updates: Stock Indexes Wrap, Levi Strauss Slumps, International Paper Tumbles, and More

The stock market saw a mix of winners and losers today as Big Tech companies advanced while some financials lagged behind.

In the Dow, Salesforce (CRM) saw a 4% increase after hosting its annual shareholder meeting. Amazon (AMZN) continued its climb, gaining 2.2% after surpassing a $2 trillion market cap. However, the financial sector faced challenges, with Visa (V) sliding 2.6% and Goldman Sachs (GS) falling 2.2% due to the Federal Reserve’s stress test findings.

Over in the S&P 500, Super Micro Computer (SMCI) led the index with a 7.1% rise. Cybersecurity stocks like Palo Alto Networks (PANW) and Arista Networks (ANET) also saw gains. On the flip side, Walgreens (WBA) tumbled 22.3% after missing earnings estimates and cutting its full-year outlook.

In the Nasdaq 100, cybersecurity and software names were the top performers, with ZScaler (ZS), Adobe (ADBE), and Intuit (INTU) all rising. However, Nvidia (NVDA) slid 1.9%, following Micron lower.

Overall, the market showed resilience in some sectors while facing challenges in others, indicating the ongoing balancing act of the stock market.