Dow Jones just not at the races again

Yesterday the Dow Jones was the laggard amongst the major US stock market indexes. Of course it has been that way for some time now. The Dow closed fractionally lower, where the Nasdaq 100 set new records, but so did the S+P 500 too- more on that one later. The underperforming Dow Jones is perhaps the one factor that is clearly keeping the European markets in check? Of course there are major tech stocks within the Dow Jones (namely AAPL, MSFT and INTC), but their weighing is not sufficiently impactful within the 30 stocks that make up the index. So, its all about tech still folks and that is the only game in town- even the tech stocks within the Nikkei 225 led the record gains there today. Meantime, the Dow Jones limped home last night, to a 31 point lower close, at 39,344. That was surely disappointing and not positive, given that earlier in the session the index had charged higher, to 39,654 after the opening. The futures are a little higher this morning though (thanks to the Nikkei most likely) and currently indicating a reopening for later today, at around 39,400