SignalMacro
Big Tech’s scary October has a twist: Dow on track for biggest monthly lead over Nasdaq since 2022
Dow outpacing Nasdaq by largest monthly margin since 2022 amid Big Tech's October slump.
Context
What happened: Big Tech had a rough October, while other parts of the stock market held up better, leaving the Dow on track for its biggest monthly lead over the Nasdaq since 2022.
Why it matters: The gap shows the technology sector's October weakness was less pronounced outside tech, with the Dow outperforming the Nasdaq this month.
Key numbers: Biggest monthly Dow lead over the Nasdaq since 2022.
Coverage: 3 outlets in 24h
What changed
Big Tech had a rough October, while other parts of the stock market held up better, leaving the Dow on track for its biggest monthly lead over the Nasdaq since 2022.
Why it matters
The gap shows the technology sector's October weakness was less pronounced outside tech, with the Dow outperforming the Nasdaq this month.
Key numbers: Biggest monthly Dow lead over the Nasdaq since 2022.