Dow Jones Falls As Warren Buffett Says This 'Did Us In'

 


The Dow Jones Industrial Average closed lower Monday as Tesla (TSLA) outshined other Magnificent Seven stocks like Apple (AAPL) and Nvidia (NVDA). Famed investor Cathie Wood bought a diving stock. And Berkshire Hathaway (BRKB) fell on the stock market today after Warren Buffett flagged why progress has been difficult for the firm. 


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Meanwhile, some noteworthy name ended the session near buy points. Ollie's Bargain Outlet (OLLI) and Dream Finders Homes (DFH) tested entries while Qualcomm (QCOM) moved toward a potential buy point.


Stock Market Today: Nasdaq Falls, Small Caps Shine

The Nasdaq composite saw a slim gain melt away as it finished the session down 0.1%. Palo Alto Networks (PANW) turned in a 7.3% gain, though it remains stuck below its 50-day moving average.


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The benchmark S&P 500 fell 0.4%. Domino's Pizza (DPZ) was faring well here, rising 5.9% on strong earnings. The firm is also raising its dividend by 25% and increasing its share buyback program. Kroger (KR) fell 2% after the Federal Trade Commission sued to block its planned $25 billion merger with Albertsons (ACI).


The S&P 500 sectors ended mostly negative. Consumer discretionary and energy outperformed on the stock market today. Communication services and utilities, the latter a defensive area, struggled the most.


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