US markets closed mixed with Dow hitting new high, S&P 500 down 0.1% and Nasdaq down 0.6%

From Google: 2024-10-17 21:05:00

US markets closed mixed with the Dow reaching a new high. The S&P 500 was down 0.1%, while the Nasdaq fell by 0.6%. The Dow Jones Industrial Average rose by 0.3%, closing at a record high of 35,170.64. Technology stocks like Apple and Microsoft dragged down the market, while financial and energy sectors saw gains. Investors are awaiting the Federal Reserve’s monetary policy meeting this week for clues on interest rates. Rising Covid-19 cases due to the Delta variant are also a concern for economic recovery.



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