Nasdaq Pulling Back Sharply But Dow Seeing Further Upside
The Nasdaq fell 1.1% as investors weighed Federal Reserve minutes and a light U.S. economic calendar, while the Dow climbed 0.4%.
4 Articles
4 Articles
Nasdaq Pulling Back Sharply But Dow Seeing Further Upside
Extending recent volatility on Wall Street, the major U.S. stock indexes have moved in notably opposite directions during trading on Friday. While the tech-heavy Nasdaq has moved sharply lower, the Dow is adding to yesterday's strong gain, reaching its best intraday level in almost a month.
The Nasdaq 100 last fell by 0.7 percent to 29,730 points. Dow Jones, the leading index, expands its profits from Thursday and increases by 0.4 percent to 52,376 points.
Dow Beats Nasdaq by 1.5 Points as Bank Earnings Lift Financials
New York, October 16, 2026, 09:52 (EDT) The Dow rose 0.71% early Friday while the Nasdaq Composite fell 0.77%. That 1.49-point performance gap defined the first 22 minutes of cash trading. Fresh bank results supported financials, while AI-credit concerns kept technology under pressure. The S&P 500 was nearly flat, down 0.07% at 7,738.79. The Russell…
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