Broadcom Drags the Nasdaq While the Dow and S&P 500 Climb

Broadcom Drags the Nasdaq While the Dow and S&P 500 Climb

By Anders Bylund, The Motley Fool
Publication Date: 2026-08-19 16:56:00

Yesterday, a handful of giant stocks dragged the market down while everything else held steady. Today, the script flipped again. The broad market is rallying, and a cluster of tech names is the thing holding back the market indexes.

The S&P 500 (SNPINDEX: ^GSPC) is up 0.59% as of 11:27 a.m. ET and the Dow Jones Industrial Average (DJINDICES: ^DJI) has added 0.58%. The Nasdaq Composite (NASDAQINDEX: ^IXIC) trails at 0.39%, held back by its heavier technology weighting. All three opened lower and two of them climbed through the morning. The Nasdaq took a different path with a short-lived dip into negative territory.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »

^DJI data by YCharts

Broadcom drags the Nasdaq…