Dow Drops 200 Points as S&P 500 and Nasdaq Surge

The Dow Jones Industrial Average experienced a decline on Monday morning after starting the day with gains. The blue-chip index dropped by 217 points, which equates to a 0.5% decrease shortly after the market opened.

Market Performance Overview

In contrast to the Dow, other indices showed a different trend. The S&P 500 index saw a slight increase, while the Nasdaq Composite climbed by 0.5%.

Stock Performance Insights

Despite some gains in major indices, the overall stock market performance was concerning. Over 400 stocks within the S&P 500 were in the red.

Leading Stocks Driving Gains

The performance of the S&P 500 was predominantly supported by several large technology companies:

• Amazon.com
• Nvidia
• Palantir Technologies

These tech stocks also played a significant role in boosting the Nasdaq Composite as they contributed to the positive momentum of the market.