Dow Drops 200 Points as S&P 500, Nasdaq Trade Mixed
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- The Dow fell 200 points while the S&P 500 and Nasdaq traded mixed at the start of a new trading week, with US stocks hovering near record heights according to AP News.
- Memory shares outperformed even as major indexes stalled, with investors positioning ahead of this week's slate of retail earnings reports.
Why it matters: The Dow shedding 200 points while the S&P 500 and Nasdaq hold near record highs shows a narrow, selective market where sector rotation — not broad conviction — is driving moves, making this week's retail earnings the next catalyst for direction.
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