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Dow, S&P 500 Remain Little Changed But Nasdaq Posting Strong Gain

(RTTNews) - While the tech-heavy Nasdaq has shown a strong move to the upside during trading on Thursday, the Dow and the S&P 500 are showing only modest moves on the day.

The Nasdaq is currently up 96.64 points or 0.9 percent at 11,108.88, back within striking distance of the record intraday high set on Monday.

Meanwhile, the S&P 500 is up just 2.90 points or 0.1 percent at 3,383.25 and the Dow is down 45.20 points or 0.2 percent at 27,931.64.

The notable advance by the Nasdaq is partly due to strong gains by tech giants such as Google parent Alphabet (GOOGL), Apple (AAPL), and Amazon (AMZN).

At the same time, a steep drop by Cisco Systems (CSCO) is weighing on the Dow, with the networking giant plunging by 10.9 percent after reporting better than expected fiscal fourth quarter results but providing disappointing guidance.
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