S&P 500 & NASDAQ Fall as Oil Jumps | Closing Bell

Bloomberg Markets and Finance | May 12, 2026 at 10:17 PM UTC
Neutral 90% Confidence
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Key Points

  • Dow Jones closed up 0.11%, S&P 500 down 0.16%, NASDAQ down 0.71%, and Russell 2000 down 0.97%.
  • Information Technology was the biggest losing sector (-0.99%), while Health Care (+1.94%) and Consumer Staples (+1.56%) were top gainers.
  • Zebra Technologies (ZBRA) surged 11.44% on strong Q1 results and raised forecasts; Ambiq Micro (AMBQ) jumped 45.33% on positive earnings and guidance.
  • PHLX Semiconductor Index (SOX) fell 3.01% due to declines in major chip companies; Under Armour (UAA) plummeted 17.00% on missed guidance and partnership issues.
  • US Treasury yields rose, with the 10-year yield at 4.4599% and the 30-year yield above 5%.

AI Summary

The U.S. market closed with a mixed performance, as the Dow Jones saw slight gains while the S&P 500, NASDAQ, and Russell 2000 ended lower. Tech and semiconductor stocks were notable laggards, experiencing a cooling of the AI rally, while healthcare and consumer staples showed strength. Treasury yields rose across the curve for a second consecutive day.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Neutral 90%
Consensus Neutral 90%