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.
Market context
Follow the story. See which markets it affects. Explore the context.
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.
Trump's new tariffs on 60 countries add market uncertainty. Strategists warn rising oil, yields, and commodity prices (wheat, corn) signal inflation risks. Analysts favor materials/industrials (CSX) …
Intraday snapshot: Google -0.21%, Apple -0.64%, Tesla -1.93%, Nvidia -2.82%, signaling a modest tech pullback with Nvidia leading losses.