Dow holds firm while Big Tech pullback sinks S&P 500. Here’s why the market can take it.

A sharp pullback by the same megacap tech stocks that have driven a robust 2024 rally was dragging down the S&P 500 and the Nasdaq on Wednesday. Patient market bulls should be able to handle the pain, strategists said.

Dow holds firm while Big Tech pullback sinks S&P 500. Here’s why the market can take it.
A sharp pullback by the same megacap tech stocks that have driven a robust 2024 rally was dragging down the S&P 500 and the Nasdaq on Wednesday. Patient market bulls should be able to handle the pain, strategists said.