Wednesday's stronger-than-expected jobs report fuelled worries the Federal Reserve could now be less likely to cut rates. The S&P 500 software index fell 1.7% for its second straight loss, erasing most of the index's bounce-back from last week's drubbing. "There was weakness in the jobs report on transportation hiring," said Scott Helfstein, head of investment strategy at Global X, referring to Wednesday's jobs report. It was the biggest gainer in the S&P 500 real estate index. The S&P 500 posted 99 new 52-week highs and 32 new lows.

Source: The Star February 13, 2026 01:15 UTC