Tech Drag, Energy Lift: Markets Close Mixed as Adobe’s Big Buyout and Brent’s Rally Set the Tone cover art

Tech Drag, Energy Lift: Markets Close Mixed as Adobe’s Big Buyout and Brent’s Rally Set the Tone

Tech Drag, Energy Lift: Markets Close Mixed as Adobe’s Big Buyout and Brent’s Rally Set the Tone

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The S&P 500 slipped 0.20% while QQQ fell 0.60% amid weakness in software names; small caps were flat with IWM up 0.03%. Markets parsed a large M&A surprise — Adobe’s acquisition of Semrush at a 78% premium — alongside tighter energy markets and mixed macro / Fed implications.
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