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Dow Sets Record Close as S&P Nears High and Nasdaq Dips on Tech Weakness

Blue-chip gains reflect strong results from 3M, Coca-Cola.

Overview

  • The Dow rose 218.16 points, or 0.5%, to an all-time closing high of 46,924.74.
  • The S&P 500 edged up less than 0.1% to 6,735.35, ending about 0.3% below its record.
  • The Nasdaq composite fell 36.88 points, or 0.2%, to 22,953.67 as some Big Tech names weakened.
  • The Russell 2000 slipped 12.22 points, or 0.5%, to 2,487.69, highlighting ongoing small-cap underperformance.
  • For the week, the S&P 500 rose 1.1%, the Dow 1.6%, the Nasdaq 1.2%, and the Russell 2000 1.4%, with year-to-date gains of 14.5%, 10.3%, 18.9%, and 11.5%, respectively.