Dow Jones (.DJI) Gains as Alphabet Drags on Nasdaq
Dow Jones Industrial Average finished up on Monday, outperforming the S&P 500 and Nasdaq as traders moved into industrials and banks and took profits in Alphabet and other big tech stocks. The Dow added 145.10 points to end at 51,709.80 after the closing bell. It was the index's first full day of trading since the Juneteenth market holiday on Friday. The Dow Jones Industrial Average works unlike the Nasdaq. The Dow has 30 stocks and is price-weighted—stocks with higher prices swing it more, even if they’re smaller companies. That design let the Dow hold up better than tech this week.