Alphabet's stock surged after its addition to the Dow Industrials, marking a notable event for the company and the index. In contrast, Nike's shares have plummeted nearly 20% over the past three months and are down 48% from their August 2025 peak, making it one of the worst performers among Dow constituents.
Year-to-date, Nike's stock has decreased by about 35%, raising concerns about its market position. Constellation Brands, another company reporting soon, has also seen its shares decline by almost 8% in the last three months. Meanwhile, the S&P utilities sector has shown resilience, with a nearly 3% increase over the past week, driven by companies like NRG Energy, which has gained 7%.
The healthcare sector has outperformed, with significant gains from companies like Moderna and Bio-Techne, the latter surging after an acquisition announcement by Merck. In the semiconductor space, both the Roundhill Memory ETF and VanEck Semiconductor ETF reached new highs but have since experienced declines.
Airlines have also performed well, with major carriers seeing double-digit increases in their stock prices. Microsoft, however, is facing a challenging month, down 18% in June, with analysts suggesting it may be undervalued despite a 34% drop from its July 2025 high