Dow Jones Industrial Average ended essentially flat near 53,800, unable to hold brief gains above 54,000 following the July CPI report.
S&P 500 added 0.2%, while the Nasdaq Composite rose 0.5%, powered by AI-related tech stocks.
Why the Dow Lagged
The Dow is price-weighted, so a 2% jump in Cisco Systems (CSCO) only added a few index points, while high-flyers like CoreWeave (CRWV) surged 18% outside the index...
