The Dow Jones Industrial Average rallied on Tuesday while the Nasdaq Composite faltered, as investors shifted funds from high-valued technology shares into more defensive sectors such as health care. The move reflected renewed caution toward artificial intelligence-linked stocks, which have faced pressure this month amid valuation concerns and mixed earnings results. The blue-chip Dow rose
US stocks advanced on Wednesday, led by a rebound in technology shares after a turbulent start to the week. The S&P 500 rose 0.2%, the Nasdaq Composite gained 0.3%, and the Dow Jones Industrial Average climbed 185 points, or 0.4%, to notch a fresh record high. The session marked a modest recovery for the AI
The Dow Jones Industrial Average rose to fresh heights on Wednesday, extending its winning streak as optimism built around a potential resolution to the record-breaking US government shutdown. The 30-stock index added 349 points, or 0.73%, hitting a new intraday high during the session. The S&P 500 gained 0.04%, while the Nasdaq Composite slipped 0.34%,
Professional investors are taking profits as the US stock market extends its record-setting run, leaving retail traders to carry much of the momentum in the ongoing bull market. But even the resilience of retail investors is slowing down, said Bank of America (BofA) According to client-flow data from BofA, hedge funds and other institutional clients