Nasdaq Slips as Tech, Chip Stocks Retreat; Dow Gains 0.2%
Dow rose 0.2% while Nasdaq fell 0.4%, as software and chip stocks pulled back after earlier rallies this month, highlighting sector rotation away from tech.
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Dow rose 0.2% while Nasdaq fell 0.4%, as software and chip stocks pulled back after earlier rallies this month, highlighting sector rotation away from tech.
Major US indexes reversed early gains, with Nasdaq down 0.6% and S&P 500 falling 0.3%, led by chip stock declines. Dow bucked the trend, rising 0.2%.
EURUSD slipped 0.05% while the S&P 500 rose 0.41% and the Dow gained 0.18%.
Market snapshot: S&P 500 flat, Dow Jones up 0.38%, EURUSD down 0.04% — a minor euro dip with no clear catalyst.