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Dow, S&P 500 tread water as investors eye stimulus progress, await earnings flood

July 27, 2020

Major U.S. stock indexes were treading water on Monday, apart from a rallying Nasdaq index, as investors watched for progress toward another coronavirus rescue program and braced for the busiest week of earnings season.

What are major benchmarks doing?

The Dow Jones Industrial Average DJIA, 0.35% was down 4 points to 26,476, while the S&P 500 SPX, 0.53% was up a single point to 3,217. The tech-heavy Nasdaq Composite COMP, 1.25% led the market’s gains on Monday, trading up 76 points, or 0.7%, to 10,439.

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