Dow closes 270 points higher, Nasdaq slips as investors rotate out of tech: Live updates

The Dow Jones Industrial Average rose on Thursday, while the Nasdaq Composite came under pressure as investors moved away from technology stocks.

The 30-stock Dow climbed 270.03 points, or 0.55%, and ended at 49,266.11. The tech-heavy Nasdaq dropped 0.44% and settled at 23,480.02. The S&P 500 advanced 0.01% and closed at 6,921.46. Among the 11 S&P 500 sectors, information technology was the laggard, falling more than 1%.

Artificial intelligence darling Nvidia was among the names investors exited, ending the day down more than 2%. Fellow AI play Oracle pulled back nearly 2%. Shares of iPhone maker Apple were also down, notching a seventh day of losses.

Source: https://www.cnbc.com/2026/01/07/stock-market-today-live-updates.html