S&P 500 Opens Lower as Tech Selloff Splits the Market
As seen on the 24/7 Wall St. homepage on November 13, 2026.
- S&P 500-0.35%
- Dow Jones Industrial Average+0.07%
- Nasdaq Composite-0.70%
Money is rotating out of tech at the open: the Nasdaq slid 0.7% while the Dow pushed into the green. If you only own megacap growth, this is the kind of split morning that quietly decides your month.
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The S&P 500 slipped 0.4% at Friday's open, continuing a choppy stretch for the index, which has swung across a wide range over the past two weeks.
The Nasdaq Composite fell 0.7%, a notably steeper drop than the broader index, while the Dow Jones Industrial Average edged into positive territory. That divergence points to selling concentrated in technology and growth-oriented names rather than broad-based market pressure.
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For investors with heavy exposure to megacap tech, the split between the Nasdaq and the Dow is the number that matters most this morning. A day where the Dow holds green while the Nasdaq slides nearly three-quarters of a percent can quietly drag a growth-heavy portfolio even as headlines suggest only a modest dip.
The index gave back ground at today's open after recovering in the prior session. How it behaves in the first hour of trading often sets the tone for the afternoon, particularly when the rotation between sectors is as visible as it is today.