S&P 500 up 2.51% breaks 6780 points: Intel and semiconductors lead the charge
Semiconductors Soar, Intel Jumps Over 11%
The electronic technology sector clearly dominated the session. Teradyne, Inc. kicked things off with a spectacular gain of 11.80%, finishing at $358.29. Intel Corporation followed suit with an increase of 11.42%, with its stock settling at $58.95. Corning Incorporated advanced by 11.16% to $165.1, while Monolithic Power Systems, Inc. climbed 10.22% to reach $1,312.94. Equipment manufacturers were not left behind: Lam Research Corporation gained 9.87% to $246.49, and Applied Materials, Inc. rose by 8.87% to $385.72. Western Digital Corporation and Sandisk Corporation also joined the trend with increases of 8.60% and 9.86%, respectively. In an overall favorable environment, Carnival Corporation surprised with a jump of 11.23% to $28.03.
Energy and tech services under pressure
Contrary to the general trend, several stocks came under significant pressure. APA Corporation recorded the largest drop in the index, falling 9.80% to $38.75. LyondellBasell Industries NV declined by 7.53% to $74.22, while Dow Inc. dropped 5.14% to close at $39.28. Marathon Petroleum Corporation and Occidental Petroleum Corporation also retreated by 5.48% and 5.04% respectively. In the technology services sector, Workday, Inc. lost 6.54% to $119.17, Palantir Technologies Inc. fell 6.20% to $140.76, and Intuit Inc. dropped 5.05% to $389.51. CF Industries Holdings, Inc. also decreased by 5.70% to $126.16.
An Index Recovering After Several Challenging Weeks
With this 2.51% increase, the S&P 500 ends the session at 6,782.81 dollars, in a much calmer market environment. The range of sector movements illustrates the volatility currently affecting the American markets. Electronic technology and semiconductor equipment suppliers benefited from a favorable dynamic, while energy and some technology services experienced sell-offs. The session of April 8, 2026, will be remembered as one of the most notable of the spring for Wall Street's flagship index.
This content has been automatically translated using artificial intelligence. While we strive for accuracy, some nuances may differ from the original French version.
