Why the Dow Is Holding Up Better than the S&P 500 and Nasdaq Today

Why the Dow Is Holding Up Better than the S&P 500 and Nasdaq Today

Though the Dow was wavering on Monday, the index was still within striking distance of posting a daily gain and extending its winning streak to 10 days thanks to a few key stocks.

The blue-chip index was hovering around breakeven in Monday morning trading, while the S&P 500 was down 0.4%. The Nasdaq Composite was down 0.6%.

Only 14 of the 30 stocks in the Dow were rising, but the index weighing its members by stock price provided resilience; the Dow’s top five stocks were American Express, UnitedHealth Group, Sherwin-Williams, International Business Machines, and Visa.