S&P 500 at 7,722 Midday as Nasdaq Leads with a 1.3% Gain
As seen on the 24/7 Wall St. homepage on August 27, 2026.
- S&P 500+0.60%
- Dow Jones Industrial Average+0.31%
- Nasdaq Composite+1.34%
Growth names are carrying the session again: the Nasdaq's 1.34% midday gain is more than four times the Dow's move. Anyone underweight big tech is watching the afternoon rally happen without them.
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The Nasdaq's 1.34% midday advance is running more than four times the pace of the Dow Jones Industrial Average, a sign that today's buying is concentrated in technology and high-multiple names.
The S&P 500 is up 46 points from its previous close, but the spread between the Nasdaq and the Dow is the more telling detail. Portfolios tilted toward value, industrials, or dividend payers are participating far less than those carrying meaningful big-tech weight.
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For investors who trimmed growth exposure heading into the session, the rally is happening without them. That pressure tends to intensify as the close approaches.
Watch whether the Dow closes the gap or the Nasdaq extends it into the close. A widening spread would confirm a narrow, growth-driven bid.