---
title: "Tech Pullback Weighs on Nasdaq 100 (-1.61%) While Dow Jones Rises 1.14%"
canonical_url: https://www.stockexpertai.com/journal/2026-07-04/tech-pullback-weighs-on-nasdaq-100-161-while-dow-jones-rises-114
last_updated: 2026-07-04T06:15:45.122Z
section: "Big Story"
author: "Sam Rivera"
publisher: Stock Expert AI
tickers: XRP, CRCL, AEP, FE, MU, NVDA, TSLA, SNDK, MTDR, USB
content_type: journal-article
---

# Tech Pullback Weighs on Nasdaq 100 (-1.61%) While Dow Jones Rises 1.14%

_Market divergence deepens as semiconductor and EV giants face pressure, while industrials and utilities show resilience; crypto assets see mixed signals._

This name deserves a closer look. Equity markets presented a bifurcated picture, with the technology-heavy Nasdaq 100 declining by 1.61%, while the Dow Jones Industrial Average advanced a solid 1.14% to 52,900.07 points. The S&P 500, meanwhile, remained flat at 7,483.24 points, masking significant underlying sector rotations and individual stock movements that warrant investor attention.

The pronounced divergence was largely driven by a sharp pullback in several high-growth technology and semiconductor stocks. Micron Technology (MU) led the declines among major chipmakers, dropping 5.49%, while Silicon Labs (SNDK) experienced a significant downturn of 14.13%. Electric vehicle giant Tesla (TSLA) also faced considerable selling pressure, falling 7.49%. Even Nvidia (NVDA), a bellwether for the AI boom, saw its shares dip 1.39%. This collective movement suggests investors are reassessing valuations in the growth segment, potentially rotating out of areas that have seen outsized gains, even as these tickers remain among the most-searched, indicating sustained investor interest despite the volatility.

In stark contrast to the tech sector's struggles, the Dow's robust performance underscored resilience in more traditional industrial and utility sectors. American Electric Power (AEP) climbed 2.56% to $138.51

## Related Tickers
- [XRP](https://www.stockexpertai.com/stock/xrp)
- [CRCL](https://www.stockexpertai.com/stock/crcl)
- [AEP](https://www.stockexpertai.com/stock/aep)
- [FE](https://www.stockexpertai.com/stock/fe)
- [MU](https://www.stockexpertai.com/stock/mu)
- [NVDA](https://www.stockexpertai.com/stock/nvda)
- [TSLA](https://www.stockexpertai.com/stock/tsla)
- [SNDK](https://www.stockexpertai.com/stock/sndk)
- [MTDR](https://www.stockexpertai.com/stock/mtdr)
- [USB](https://www.stockexpertai.com/stock/usb)

## Frequently Asked Questions

### Why is the Nasdaq 100 falling while the Dow Jones is rising?
This market divergence is driven by a pullback in high-growth tech and semiconductor stocks, while traditional industrial and utility sectors show resilience. Investors may be rebalancing portfolios and rotating out of areas that have seen significant gains.

### Which tech stocks are experiencing a pullback?
Major tech stocks facing pressure include Micron Technology (MU), Silicon Labs (SNDK), Tesla (TSLA), and even Nvidia (NVDA). These companies, often leaders in semiconductors and EVs, are seeing selling pressure as investors reassess valuations.

---
_AI-generated under human editorial supervision. Educational research, not financial advice._