Dow Jones Today: Why The Dow Is Holding Up While Nasdaq Sinks On AI Worries
The Dow Jones Industrial Average managed a modest gain Tuesday, bucking declines in the S&P 500 and a steeper slide for the Nasdaq as traders moved out of AI stocks and into more stable blue chips. According to LSEG figures cited by Reuters, the Dow closed up 100.62 points, or 0.20%, at 49,268.41. The S&P 500 slipped 0.64%, with the Nasdaq down 1.24%. The split stands out: the selloff’s hit isn’t spread evenly. Because the Dow is price-weighted, stocks with bigger price tags have an outsized impact. Coca-Cola and Johnson & Johnson, both trading higher, managed to cushion the blow—together, they tacked on roughly 48 points to the Dow, according to MarketWatch.