Dow Falls 0.3% While Memory Chip Stocks Keep the Nasdaq Afloat
Why is the Dow down 200 points while the Nasdaq holds flat? Two chipmakers are doing a lot of heavy lifting for the tech-heavy index.
Overview
A ceasefire expired in the Middle East this morning. Memory chip stocks had another excellent day. The top stock market indexes split the difference.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) is up 0.03% as of 12:26 p.m. ET, the S&P 500 (SNPINDEX: ^GSPC) is down 0.17%, and the Dow Jones Industrial Average (DJINDICES: ^DJI) has fallen 0.31%, or roughly 200 points. The Dow went red minutes after the open and stayed down. The Nasdaq spent most of the morning in positive territory before drifting toward breakeven.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.