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Why the Dow is slipping while tech powers S&P 500 and Nasdaq higher on Friday

Economy
Published on 25 April 2026
Why the Dow is slipping while tech powers S&P 500 and Nasdaq higher on Friday

One part of the market is moving opposite to tech’s surge

Despite a big Friday jump in the S&P 500 and Nasdaq, the Dow Jones is lagging. Tech stocks are driving most of the gains, lifting the broader indexes where growth and software-heavy names carry more weight. The Dow’s different mix of legacy industrial and financial stocks can make it move differently, even on the same trading day.

  • Tech stocks are leading the rally across Nasdaq and S&P 500
  • Dow Jones underperforms due to its different stock mix
  • Sector weights matter more than headline index direction
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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