Dow Falls 188 Points On Apple Slide While Tech Bounces Before Midterm Results
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The Nasdaq Composite rose 0.4% and the Nasdaq-100 added 0.5% on Tuesday as investors bought back into technology stocks ahead of the US midterm elections, while the Dow fell 188 points, or 0.4%, dragged lower by a 3% slide in Apple. The S&P 500 edged up 0.1%, and the Nasdaq-100 remains in correction territory, more than 10% below its recent peak. The divergence highlights rotation back into beaten-down tech names even as index heavyweight Apple weighed on the price-weighted Dow. Investors are watching the midterm results for signals on the policy backdrop, with the Nasdaq-100's correction level and Apple's weakness the key technical markers to monitor.
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Named in this story
Apple (AAPL), Dow Jones Industrial Average, Nasdaq Composite, S&P 500, US midterm elections
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