NEW YORK, July 24, 2026, 10:08 EDT
- The Dow gained 0.20% to reach 51,813.64 at 10:02 EDT. At 10:04 EDT, the Nasdaq slipped 0.62%.
- An initial calculation over two sessions showed the Dow ahead by 1.98 percentage points.
- Brent crude dropped 2.85% to $97.82. The yield on the 10-year Treasury slipped to 4.683%.
The Dow Jones Industrial Average (INDEXDJX:.DJI) rose 0.20% in early Friday trading, while the Nasdaq Composite (INDEXNASDAQ:.IXIC) declined 0.62%. U.S. cash markets were open.
The Dow’s early two-day advantage expanded to 1.98 percentage points. This does not represent a widespread recovery.
| Benchmark | Latest level | Friday move | Since Wednesday’s close |
|---|---|---|---|
| Dow Jones Industrial Average | 51,813.64 | up 0.20% | down 0.78% |
| Nasdaq Composite | 24,982.46 | down 0.62% | down 2.76% |
| Dow relative lead | — | 0.82 points difference | 1.98 points difference |
Initial estimates are based on Thursday’s Reuters closing figures and Google Finance prices recorded from 10:02 to 10:04 EDT.
The Dow assigns weight to its 30 companies according to share price. On Thursday, a $1 shift in stock price represented approximately 5.94 points on the Dow.
Alphabet NASDAQ:GOOGL fell $24.66, dragging the Dow down by an estimated 146 points. Amazon.com NASDAQ:AMZN declined $12.07, removing approximately 72 points from the index.
The combined movement of those shares accounted for roughly 43% of the Dow’s 507-point decline. Tesla NASDAQ:TSLA dropped 14.5% but did not influence the Dow.
Alphabet was added to the Dow on June 29, taking the place of Verizon Communications NYSE:VZ. The adjustment broadened the index’s direct involvement in AI expenditure.
Oil prices declined on Friday, reducing some recent strain. Brent dropped to $97.82, and the 10-year yield decreased to 4.683%.
Relief stayed modest. Brent jumped 7% on Thursday, at one point touching $102.
“Investors are, to a certain extent, walking on eggshells,” Kristina Hooper, chief market strategist at Man Group LON:EMG, said. Reuters
In the coming week, the spotlight turns to the Dow as Microsoft NASDAQ:MSFT, Amazon, and Apple NASDAQ:AAPL prepare to announce their earnings.
Meta Platforms NASDAQ:META is set to release its results. The Federal Reserve’s rate decision is expected on Wednesday. On Thursday afternoon, futures reflected a 36% probability of a 0.25 percentage point hike.
Risks persist on both sides. A further surge in oil prices may push yields higher. Disappointing AI outlooks could intensify the technology sector downturn.
The Dow continued to be on track for its third straight weekly loss. Its early signs of strength were limited.
