Dow Jones Surges Nearly 600 Points to Record Close as Nasdaq and AI Stocks Slide
The Dow Jones Industrial Average surged nearly 600 points to close at a record high, while the Nasdaq Composite fell 0.81% and the Nasdaq 100 dropped 2%, underscoring a sharp market rotation away from technology and artificial-intelligence equities. The DJIA's gain lifted the industrial benchmark to new heights as investors moved capital into defensive sectors. Healthcare gained 2.31%, consumer staples rose 2.39%, utilities climbed 1.83%, and financials advanced 1.13%.
From the sources (11 posts)
@firstsquawkNASDAQ 100 INDEX EXTENDS DECLINE TO 2 PCT
@cnbcDow rides into new week at record high. What investors are watching ahead
@cnbcTech bulls lose conviction as key trading metric blows out to the widest since 2008
@firstsquawkTECH BULLS LOSE CONVICTION AS KEY TRADING METRIC BLOWS OUT TO THE WIDEST SINCE 2008 – CNBC
@negligible_capGoldman Sachs High Beta Momentum index is having it's worst two-day move since Covid, now down almost 19%.
@firstsquawkRT @RedboxWire: NASDAQ UNOFFICIALLY CLOSES DOWN 211.10 POINTS OR 0.81% AT 25,828.94 S&P 500 UNOFFICIALLY CLOSES DOWN 0.62 POINTS OR 0.01%…
@kobeissiletterBREAKING: The Dow surges nearly +600 points and closes at its highest level on record.
@brewmarketsThe Dow Jones just hit a new record high.
@bulltheoryioTHE MARKET IS QUIETLY ROTATING OUT OF TECH AND AI STOCKS. The Dow just hit an all-time high while the Nasdaq is down 3.13% today. Information Technology is down 2.37%. Meanwhile Healthcare is up 2.31%, Consumer Staples up 2.39%, Utilities
@gurgavin*DOW JONES HIT A NEW ALL TIME HIGH
@morningbrewRT @brewmarkets: The Dow Jones just hit a new record high.