Dow Reaches Record High as S&P 500 and Nasdaq Decline Amid Tech Weakness

Reported about 2 months ago

The Dow Jones Industrial Average hit a record closing high of 41,240.52, rising over 0.1%, despite declines in the S&P 500 and Nasdaq, which fell 0.3% and 0.8% respectively due to bearish trends in technology stocks, particularly Nvidia and Broadcom. Investors are awaiting crucial earnings reports and economic data, including Nvidia's quarterly results and the August jobs report, amid increasing expectations for interest rate cuts from the Federal Reserve.

Source: YAHOO

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