WHR

US major indices closed mixed in a highly volatile session: the Dow rose 0.17% while the S&P fell 0.26% and the Nasdaq dropped 0.97%, with intraday ranges of over 1,000 points on the Dow and 1,279 points on the Nasdaq. Chip and AI-linked stocks led losses — dragged by Broadcom's prior forecast miss and a near-7% drop in the Philadelphia Semiconductor index — while airlines rallied 3–7% on lower oil prices tied to potential Iran-US de-escalation. A stronger-than-expected May jobs report (172K vs. consensus) revived rate-hike fears ahead of Tuesday's CPI print, pressuring high-valuation growth stocks.

Major US stock indices closed marginally higher on May 11, led by the Russell 2000 (+0.33%), with the Dow and S&P each up 0.19% and the NASDAQ up 0.10%. Session performance was bifurcated, with semiconductors, AI, and commodity names among the top gainers while consumer discretionary, retail, and select high-growth stocks saw notable selling. Markets are also focused on upcoming CPI data and US-China trade talks beginning Wednesday.