Dow Recovers to 51,947, Tech Tumbles: Sandisk -11%, Intel -6.5%
On July 24, the Dow Industrial edged higher while the Nasdaq continued its slide, driven by steep declines in Sandisk and Intel. A surge in Bank of America’s Bull & Bear indicator to a multi-year high flashes a strong sell signal, as technology stocks confront a deepening rout.
Source: The Motley Fool · Emma Newbery (us)