The Dow feels pressure, weighed down by a steep fall for IBM, while the S&P 500 and Nasdaq climb to another round of records and meme-stock mania resumes.

The combined market valuation of 6 of the top-10 most valued firms diminished by Rs 2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities ...