Dow rises on rotation to value stocks, Nasdaq falls on tech weakness
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- 1The Dow Jones Industrial Average rose 0.49% to 51,909 as investors rotated into value stocks.
- 2The Nasdaq Composite fell 0.37% to 27,265 due to weakness in technology stocks.
- 3Bloom Energy fell 6.7% after announcing its earnings release date.
So what's the key point?
The Dow rose 0.49% as people bought value stocks instead of tech stocks. Meanwhile, the Nasdaq fell because tech stocks were weak, and Bloom Energy's stock price went down after announcing its earnings release date.
Source The Motley Fool +1 · View original ↗
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