Major indices in the New York stock market showed a mixed performance on the 24th (local time), with gains and losses diverging.

Dow and S&P 500 Rise, Nasdaq and Russell 2000 Fall

While the Dow Jones Industrial Average, composed of large-cap blue-chip stocks, and the S&P 500 index remained in positive territory, the tech-heavy Nasdaq Composite and the small-cap-focused Russell 2000 index showed weakness.

The Dow Jones Industrial Average closed at 51,947.25, up 235.60 points (0.46%) from the previous trading day. It rose to as high as 52,118.19 during the session, with a low of 51,682.36.

The S&P 500 index closed at 7,411.98, up 3.68 points, showing a movement essentially close to flat (up 0.05%). Its intraday high was 7,460.98, and its low was 7,396.53.

Meanwhile, the Nasdaq Composite fell by 161.87 points (0.64%) to close at 24,975.82, marking the largest decline among the major indices. It had risen to as high as 25,222.14 during the session before turning lower, recording a low of 24,918.09.

The Russell 2000 index also declined by 10.16 points (0.35%) to 2,930.00. Its intraday high was 2,956.88, and its low was 2,927.49.

Increased Volatility in Tech Stocks... Broader Market Gains Remain Limited

Summarizing the movements across indices, large-cap blue-chip stocks led the Dow's gains, while selling pressure was relatively evident in tech and small-cap stocks.

In particular, considering that the Nasdaq index retreated from its intraday high to close lower, volatility centered on technology stocks appears to be expanding.

However, with the S&P 500's gains being limited and both the Nasdaq and Russell 2000 indices declining simultaneously, it is difficult to characterize the overall market as being on a broad upward trend. There remains a possibility that the direction of major indices could shift again depending on changes in intraday supply and demand.

[Investment decisions and responsibilities lie with the investor. This article was written with AI assistance.]