Stock Market Today, July 24: Dow Recovers and Sandisk Tumbles 11% as Tech Stocks Fall Further

Up 0.46% to 51,947, the Dow Jones Industrial Average (DJINDICES:^DJI) recovered a portion of its Thursday loss, while the S&P 500 (SNPINDEX:^GSPC) edged up 0.05% to 7,412 and the Nasdaq Composite (NASDAQINDEX:^IXIC) slipped 0.64% to 24,976 on continued tech weakness.

Gold rose 0.15% to $4,056.30 as of U.S. market close, while the 10-Year Treasury yield fell 0.02% to 4.68%. Real Estate and financial services led the gainers, while technology stocks fell 2.37%.

Intel shares declined 6.5% as investors looked past a quarterly earnings beat, while Sandisk Corporation dropped almost 11% alongside other memory stocks. Space Exploration Technologies stumbled ahead of another key test flight.Continue reading