Nasdaq Dips Again While Dow Edges Higher in Volatile Session

Wall Street Opens Mixed as Nasdaq Extends Declines

Feb 24, 2025

Summary

Wall Street saw mixed trading Monday, with Nasdaq slipping, Dow rising, and investors focused on key earnings reports

Wall Street opened mixed on Monday following Friday's sell-off that saw the tech-dominated Nasdaq Composite plunge over 2%. The Nasdaq Composite ended the session 0.4% lower, while the benchmark traded flat, and the blue-chip Dow Jones Industrial Average edged up by 0.3%. Sector performance varied, with four of the 11 S&P sectors sliding; Utilities led the declines, whereas Healthcare outpaced its peers.

In the other news, this week's earnings reports continue to grab the attention. Second-quarter results from Home Depot (HD, Financial) and Lowe's Companies (LOW, Financial) will be announced on Tuesday and Wednesday, respectively. However, the market focus is about to ramp up as semiconductor and AI leader Nvidia (NVDA, Financial) reports after the bell on Wednesday. Persistent global economic headwinds and evolving fiscal policies are causing market participants to closely monitor these developments as the mood of investors continues to determine market direction.

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