Market Overview: Dow Hits Record High as Tech Stocks Weaken

Reported about 2 months ago

On August 26, 2024, the Dow Jones Industrial Average reached a new record high, while the Nasdaq Composite and S&P 500 indexes saw declines. Despite a rebound in tech stocks, concerns linger around Nvidia's upcoming earnings report. Additionally, small cap stocks appear undervalued as their earnings estimates do not keep pace with the S&P 500. Yahoo Finance's markets reporter Josh Schafer provides insights on these trends in the market.

Source: YAHOO

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