Stock Market Midday, July 27: Dow Edges Higher as Nvidia Drop Weighs on Nasdaq

As of 11:38 AM ET, the Dow Jones Industrial Average (DJINDICES:^DJI) is up 0.13% to 52,017.19, while the S&P 500 (SNPINDEX:^GSPC) is down 0.

33% to 7,387.76, and the Nasdaq Composite (NASDAQINDEX:^IXIC) has slipped 0.44% to 24,840.

43 as tech pressure offsets optimism from cooling geopolitical tensions. Gold is up 0.45% to $4,074.

30, and the 10-Year Treasury yield is down 0.03% to 4.65%.

Communications and consumer defensive stocks are this morning's top-performing sectors while technology and energy sectors are in the red. Today's biggest moves RTX Corp climbed 2.61% to $218.

28 on strong Q2 earnings. SAP surged 7.4% to $171.

79, extending last week's gains after the software company beat earnings expectations. Conversely, Nvidia is trading lower amid concerns about Chinese competition. Reddit is up 6.

7% to 171.79 on optimism about its upcoming earnings. What this means for investors Oil prices fell this morning on news of a pause in strikes between the U.

S. and Iran. WTI crude oil fell almost 7% to $83.

15 a barrel, boosting market sentiment and lifting the Dow slightly. However, investors are braced for further volatility and will be watching the Federal Reserve meeting this week. The Fed is widely expected to leave rates unchanged in July, but inflationary pressures caused by ongoing tensions in the Middle East and high spending by tech companies could prompt it to raise rates before the end of the year.

On the other side, renewed artificial intelligence (AI) valuation concerns weighed on markets. This week will bring earnings from Microsoft, Meta Platforms, Apple, and Amazon, and investors will be paying close attention to capital expenditure plans. The high concentration in the Nasdaq and the S&P 500 means any drop in their share prices will have an outsized impact on these major indexes.

Should you buy stock in S&P 500 Index right now? Before you buy stock in S&P 500 Index, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and S&P 500 Index wasn't one of them.

The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $377,990!

* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,269,518!* That performance is why people listen.

With a track record of beating the S&P 500 by 4x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul. Story Continues See the 10 stocks » *Stock Advisor returns as of July 27, 2026.

Emma Newbery has positions in Amazon, Apple, and Nvidia. The Motley Fool has positions in and recommends Amazon, Apple, Meta Platforms, Microsoft, Nvidia, RTX, and Reddit. The Motley Fool recommends SAP.

The Motley Fool has a disclosure policy. Stock Market Midday, July 27: Dow Edges Higher as Nvidia Drop Weighs on Nasdaq was originally published by The Motley Fool As of 11:38 AM ET, the Dow Jones Industrial Average (DJINDICES:^DJI) is up 0.13% to 52,017.

19, while the S&P 500 (SNPINDEX:^GSPC) is down 0.33% to 7,387.76, and the Nasdaq Composite (NASDAQINDEX:^IXIC) has slipped 0.

44% to 24,840.43 as tech pressure offsets optimism from cooling geopolitical tensions. Gold is up 0.

45% to $4,074.30, and the 10-Year Treasury yield is down 0.03% to 4.

65%. Communications and consumer defensive stocks are this morning's top-performing sectors while technology and energy sectors are in the red. Today's biggest moves RTX Corp climbed 2.

61% to $218.28 on strong Q2 earnings. SAP surged 7.

4% to $171.79, extending last week's gains after the software company beat earnings expectations. Conversely, Nvidia is trading lower amid concerns about Chinese competition.

Reddit is up 6.7% to 171.79 on optimism about its upcoming earnings.

What this means for investors Oil prices fell this morning on news of a pause in strikes between the U.S. and Iran.

WTI crude oil fell almost 7% to $83.15 a barrel, boosting market sentiment and lifting the Dow slightly. However, investors are braced for further volatility and will be watching the Federal Reserve meeting this week.

The Fed is widely expected to leave rates unchanged in July, but inflationary pressures caused by ongoing tensions in the Middle East and high spending by tech companies could prompt it to raise rates before the end of the year. On the other side, renewed artificial intelligence (AI) valuation concerns weighed on markets. This week will bring earnings from Microsoft, Meta Platforms, Apple, and Amazon, and investors will be paying close attention to capital expenditure plans.

The high concentration in the Nasdaq and the S&P 500 means any drop in their share prices will have an outsized impact on these major indexe