IXIC
Nasdaq Composite
24,975.82
-0.64% (-161.87)
Market read
The divergent session highlights sustained rotation pressure on the technology-heavy Nasdaq. The decline in the Nasdaq directly affects the IXIC instrument, while strength in the Dow reflects a shift toward value and cyclical sectors away from growth and tech names.
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@ReutersBiz · 07/25, 08:00 AM
Market reactionUS stocks closed mixed on Thursday, with the Dow rising just under half a percent, the S&P 500 virtually flat, and the Nasdaq Composite sliding nearly two-thirds of a percent, according to Reuters.
The divergent session highlights sustained rotation pressure on the technology-heavy Nasdaq. The decline in the Nasdaq directly affects the IXIC instrument, while strength in the Dow reflects a shift toward value and cyclical sectors away from growth and tech names.
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