Dow Jumps 500 Points; Nasdaq Slips — SkimNews
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- Dow jumped 500 points as earnings optimism steadied the market, while the S&P 500 also posted a gain.
- Nasdaq slipped as technology stocks fell, though SpaceX aided the index after hours.
Why it matters: The Dow's 500-point advance and S&P 500 gain show earnings optimism supporting the broader market, but technology-stock investors saw the Nasdaq slip as tech shares fell. The index split shows the session's gains were uneven rather than a uniform rise across U.S. equities.
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