S&P 500 Gains & Losses – May 14, 2025
Supermicro Leads Market as Tech Stocks Outperform
Key Takeaways:
Market Recap
U.S. equities closed mixed on Wednesday as gains in large-cap tech names offset weakness in health care and other sectors. The Nasdaq Composite rose 0.7% to 19,146.8, the S&P 500 added 0.1% to 5,892.6, while the Dow Jones Industrial Average slipped 0.2% to 42,051.1.
Top Gainers
Major Decliners
Sector Highlights
Supermicro Leads Market as Tech Stocks Outperform
Key Takeaways:
- The S&P 500 edged up 0.1%, supported by tech strength despite broader market pressure.
- Super Micro Computer (SMCI) jumped after announcing a major $20 billion deal with Saudi Arabia’s DataVolt.
- Life sciences stocks declined following cautious outlooks at a healthcare conference.
Market Recap
U.S. equities closed mixed on Wednesday as gains in large-cap tech names offset weakness in health care and other sectors. The Nasdaq Composite rose 0.7% to 19,146.8, the S&P 500 added 0.1% to 5,892.6, while the Dow Jones Industrial Average slipped 0.2% to 42,051.1.
Top Gainers
- Super Micro Computer (SMCI):
Shares surged 15.7%, leading the S&P 500 after the server company announced a $20 billion deal with Saudi data center firm DataVolt. The rally comes amid President Trump’s four-day Middle East visit, which has sparked multiple tech-related agreements involving Nvidia (NVDA) and Advanced Micro Devices (AMD). - Enphase Energy (ENPH):
Gained 5.8% after launching a plug-and-play solar battery in Belgium, targeting residents with limited rooftop space. This marks a strategic push into the European market. - International Paper (IP):
Rose 4.8% as competitor Georgia-Pacific announced the closure of its Georgia mill, tightening U.S. containerboard supply. Packaging peers like Packaging Corp. of America (PKG) and Smurfit Westrock (SW)also climbed.
Major Decliners
- Bio-Techne (TECH):
Fell 7.3%, the steepest S&P 500 drop, after warning of slower growth in diagnostics due to delayed orders and tariff impacts. The firm also highlighted uncertainty from U.S. academic funding. - Revvity (RVTY):
Dropped 5.9% after discussing tariff-related risks and revenue concentration in government and academic sectors at the BofA Healthcare Conference. - IQVIA Holdings (IQV):
Also fell 5.9%, citing client delays in purchases and pricing pressure in its services segment. - American Eagle Outfitters (AEO):
Declined 6.5% after announcing an expected Q1 operating loss tied to inventory charges. The retailer also withdrew its full-year guidance, citing macroeconomic uncertainty.
Sector Highlights
- Top Sector: Communication Services
- Biggest Decliner: Health Care