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Nasdaq falls, but Dow stays afloat

Nasdaq falls, but Dow stays afloat

While the Dow Jones Industrial Average gained 0.2%, the S&P 500 was little changed and the Nasdaq Composite was down 0.1%. All three were previously in the black.

Yes, Alphabet shares are still up 4% after beating earnings expectations, but other tech companies are losing momentum. Chip stocks fall: Nvidia shares fell more than 1% after Advanced Micro Devices delivered satisfactory quarterly results but provided disappointing guidance, including continued weakness in non-AI end markets. AMD shares fell 10%.