Growth Stocks Get Hit: Nasdaq Skids 1.3% While the Dow Barely Flinches
Nasdaq slides 1.3% while the Dow holds firm; gold retreats from records and oil stays above 5.
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Nasdaq slides 1.3% while the Dow holds firm; gold retreats from records and oil stays above 5.
Tech led a quiet comeback as semiconductors rebounded, while gold eased from record highs and Treasury yields drifted lower.
All three major indexes slipped on Monday in a sleepy August session, but the VIX dropped to 15.28 suggesting no real alarm. Gold held near ,448 while oil climbed to 3.91.
Markets diverged sharply as equities rallied, crude oil tumbled, and gold smashed through the $4,300 barrier for the first time.
European stocks posted strong gains on Monday, with Germany DAX jumping over 320 points as falling oil prices boosted sentiment.