Stocks kicked off July on a down note Tuesday, as shares of tech behemoths fell. Companies with small market capitalizations, however, were a saving grace.
The Dow Jones Industrial Average gained 400 points, or 0.9%.
The S&P 500 fell 0.1%, while the tech-heavy Nasdaq Composite was down 0.8%. Much of the pressure came from tech companies worth trillions of dollars, among them Nvidia, Meta, and Tesla.