Tech stock pullback from highs drags Nasdaq, S&P 500 holds 6100: US stocks diverge further on first trading day of August
On the first trading day of August 2026, the three major US indexes diverged: the S&P 500 edged up and held 6100, the Dow closed slightly higher, while the Nasdaq fell on tech profit-taking. After July's AI rally, the market entered a consolidation phase, with funds rotating from tech leaders to value sectors. Investors are focused on next week's nonfarm payrolls to gauge the Fed's policy path. This article decodes the sector rotation logic and analyzes signals of high-level tech risk and key wa
Disclaimer: This content is for reference only and does not constitute investment advice. Investment involves risks, please proceed with caution.
