For the first time since 2022, the Dow Jones Industrial Average has posted a higher cumulative return than the Nasdaq Composite. By late July 2026, its year-to-date performance stood at 9.1%, compared with 7.8% for the Nasdaq and 9% for the S&P 500. The reversal accelerated between October and mid-November, with the Dow gaining 2.46% while the Nasdaq 100 fell 1.86%. Semiconductor weakness and regulatory concerns related to artificial intelligence weighed on the Nasdaq, while energy and financial stocks supported the Dow.
Source: Read the original article


