S&P 500 Slides Nearly 1% at Midday as Tech Absorbs Most of the Hit
As seen on the 24/7 Wall St. homepage on November 13, 2026.
- S&P 500-0.93%
- Dow Jones Industrial Average-0.26%
- Nasdaq Composite-1.54%
The Nasdaq is shedding 1.54% at midday while the Dow gives up barely a quarter percent, keeping the damage concentrated in tech. If that gap narrows into the afternoon, the pullback has broadened.
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The S&P 500 is trading at 7,521.55 midday, with the losses concentrated in technology-heavy names since the opening bell. The index slipped further intraday before trimming some of that decline, suggesting sellers are active but not panicked.
The Nasdaq Composite is off 1.54% while the Dow Jones Industrial Average has given up only about a quarter percent. That spread signals the pressure is sector-specific.
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When a selloff stays confined to one corner of the market, the question for the afternoon is whether it stays that way. If the Dow's modest decline starts deepening toward the S&P's level, it would indicate the weakness is spreading beyond tech into more economically sensitive names.
The session started at the previous close, so investors watching support levels have a clean reference point. How the index finishes relative to that level will tell a cleaner story than anything happening in the middle of the day.