Dow record, tech drags S&P 500, small caps: Market Takeaways

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The Dow Jones Industrial Average (^DJI) closed at a record high on Monday, while the tech-heavy Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) indexes closed in negative territory. Despite Big Tech's recovery from wide sell-offs at the beginning of August, there still seems to be some anxieties ahead of Nvidia's (NVDA) second quarter earnings results due out Wednesday, August 28.

Small cap stocks (^RUT) are of note as current earnings estimates are lagging behind the S&P 500, according to data from an Empirical Research Partners analysis, leaving them under valued as more earnings could drive them up.

Yahoo Finance markets reporter Josh Schafer joins Market Domination Overtime to break down the top market trends from the August 26 trading day.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Nicholas Jacobino