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Stock Market Midday, Aug. 24: Dow Edges Higher as Chip Weakness Pressures Nasdaq

Summary by The Motley Fool
As of 11:37 AM ET, the Dow Jones Industrial Average (DJINDICES:^DJI) is up 0.27% to 53,419.17, outperforming the S&P 500 (SNPINDEX:^GSPC), which is down 0.23% to 7,656.50, and the Nasdaq Composite (NASDAQINDEX:^IXIC), which has slipped 0.44% to 26,066.56 as tech-sector volatility offsets blue chip gains.Gold is up 1.20% to $4,671.09, while the 10-Year Treasury yield is down 0.04% to 4.69%. Communication Services and financials lead sector gainer…

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(New York = Yonhap News) Correspondent Lim Soo-jung = On the 24th (local time), the U.S. stock market in New York closed mixed amid a decline in technology stocks.

·Seoul, Korea (the Republic of)
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US stocks started the new week with minor price declines. As in Asia and Europe earlier on Monday, it was the chip stocks that were the ones that took the brunt and weighed the most, and therefore the Nasdaq also fell the most among the leading indices, while the Dow Jones actually ended slightly in the green.

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In early trading, the Dow increases by 0.3 percent to 53,422 points. The S&P 500 drops by 0.4 percent to 7,645 points, while the Nasdaq 100 drops by 1.3 percent to 28,920 points.

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Moneycab broke the news on Monday, August 24, 2026.
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