Dow Jones gains ground on the Nasdaq in October: Wall Street's heavy tech reliance tests the market
The Dow Jones gained ground on the Nasdaq in October, in a U.S. market marked by its high concentration in technology. The Magnificent Seven account for about 35% of the S&P 500, while the ten largest companies hold around 40% of the index. That dominance leaves the market especially exposed to any correction among tech giants.
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