Why the Dow Is Crushing the S&P 500 and NasdaqStock Market News From July 1, 2025: Dow Ends 400 Points Higher After Senate Passes Trump's Tax BillLast Updated:Updated 6 hours agoWhy the Dow Is Crushing the S&P 500 and NasdaqThe Dow was running away from the other major indexes on Tuesday, but it’s still down from its December high.The blue-chip index was up 400 points, or 0.9%. The S&P 500 was down 0.3%, while the Nasdaq Composite was down 1%.A majority of stocks were actually rising, but some key S&P members were struggling.