The Dow Heads for Another Record. Big Tech Is Dragging on the S&P 500, Nasdaq.

Market Overview - The Dow Jones Industrial Average is on track to close above 48,000 for the first time, gaining 400 points or 0.8% [1][2] - The S&P 500 index increased by only 0.1%, while the Nasdaq Composite decreased by 0.3% [1][2] Stock Performance - Despite the overall positive movement in the Dow, the "Magnificent Seven" stocks are negatively impacting the S&P 500 and Nasdaq [1] - The Invesco S&P 500 Equal Weight ETF, which gives equal weight to all S&P 500 stocks, rose by 0.6%, indicating solid market breadth [2]