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Flow of funds moves into Dow and small cap stocks.

The market rotated out of the large-cap tech stocks today. Markets got a little spooked by better than expected JOLT job openings and the realization that July is probably not a month for a rate cut.

Some recent gainers were hit hard today.

  • Nvidia -2.69%
  • Broadcom -3.82%
  • SuperMicro Computer -3.14%
  • AMD -3.71%
  • Meta -2.42%
  • Palantir -4.27%
  • Palo Alto Networks -3.33%

Meanwhile, the Dow stocks shined with the following stocks rising by 1.25% or more

  • UnitedHealth (UNH): +4.38%

  • Amgen (AMGN): +4.11%

  • Sherwin-Williams (SHW): +3.73%

  • Merck & Co (MRK): +3.25%

  • Nike (NKE): +3.19%

  • Honeywell (HON): +2.53%

  • Johnson & Johnson (JNJ): +2.02%

  • McDonald’s (MCD): +1.97%

  • Home Depot (HD): +1.93%

  • Chevron (CVX): +1.61%

  • Coca-Cola (KO): +1.38%

  • 3M (MMM): +1.34%

  • Apple (AAPL): +1.39%

  • American Express (AXP): +1.31%

  • Procter & Gamble (PG): +1.24%

The final numbers for the major indices are showing:

  • Dow industrial average rose 400.29 points or 0.91% at 44495.06
  • S&P index -6.90 points or -0.11% at 6198.05
  • NASDAQ index -166.84 points or -0.82% had 20202.89
  • Russell 2000 rose 20.43 points or 0.94% at2195.46
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