I:NDX Jun 2024 18000.000 call

Nasdaq soars, Dow falls while Nvidia stock bounces back

The Dow Jones Industrial Average (^DJI) reverses course from its Monday gains, closing Tuesday's session lower by over 290 points. The Nasdaq Composite (^IXIC), on the other hand, has soared by 220 points, or 1.26%. Market Domination Overtime's Julie Hyman explains why Nvidia's (NVDA) drag-on effect in tech-heavy indexes is evident by the outperformance in the S&P Equal Weight Index (^SPXEW) and Nasdaq 100 (^NDX), while Jared Blikre recaps the gains seen in major tech stocks today, including Nvidia. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.