Dow Falls Over 150 Points; Procter & Gamble Posts Upbeat Earnings

U.S. equities were mixed midday as the Dow Jones (Wall Street 30) fell more than 150 points (-0.35%) to 49,137.50 while the NASDAQ surged 1.45% and the S&P 500 rose 0.65%. Sector divergence saw information technology jump ~1.6% while health care lagged. Procter & Gamble beat Q3 estimates (EPS $1.59 vs. $1.56; sales $21.235B vs. $20.516B), supporting consumer-stocks sentiment. Individual movers drove much of the tape: Intel jumped ~23% to $81.92 after a strong quarter and raised guidance; MaxLinear rallied ~73% on upbeat results and guidance; AEye rallied on an executive appointment. Downside movers included Auddia (-62%) and Sonoma (-45%) after planned offerings, and Charter declined ~21% after a weak quarter. Commodities were mixed: oil down to $95.40 and gold up modestly. Overall, the session reflects mixed market leadership with strong tech and select earnings-driven rallies offsetting weakness in the Dow and certain cyclical/health names.