S&P 500 Closes Lower as the Dow Slides and Tech Holds Firm
As seen on the 24/7 Wall St. homepage on September 29, 2026.
CLOSING BELL
U.S. Markets
- S&P 500-0.17%
- Dow Jones Industrial Average-0.30%
- Nasdaq Composite-0.04%
Tech held the line while the Dow's 156-point slide did the damage, a split that says money is still crowding into a narrow slice of the market. Keep an eye on breadth from here.
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The S&P 500 closed at 7,671.01, slipping about 0.17% after spending the afternoon below its open without a meaningful recovery.
The Dow fell 0.3% while the Nasdaq Composite held nearly flat, a sign money is staying concentrated in large-cap technology rather than rotating into broader cyclical names.
Narrow leadership leaves less of a floor under the averages if the stocks carrying the index soften.
Keep an eye on whether technology keeps absorbing the selling or the Dow's weakness spreads across sectors.