S&P 500 — Cloud and Cyber Take the Lead, the Chips Look for a Floor

The week the leadership changed. Cloud and cybersecurity became the new leaders

The week the leadership changed. Cloud and cybersecurity became the new leaders — the WisdomTree cloud fund +11.8% to its highest close since January 2022, the cloud fund CLOU +8.0% to a high for 2026, cybersecurity +7.4%, Zscaler +23%, CrowdStrike +13%; selected applications and the companies that use AI rose with them, Accenture +8.6%. The chip equipm…