Dow, S&P 500 mark record closes
Digest more
1don MSN
Dow, S&P 500 end at records because investors feel good about the economy — beyond the AI boom
Investors were moving away from tech stocks, and using that money to push other parts of the market to new records
The Dow Jones Industrial Average climbed to another record on Friday as investors continued to rotate out of technology shares and into value-oriented sectors.
Investors languished in the doldrums early this week, but once the Federal Reserve came to rescue with a rate cut equities rocketed upward.
The Dow Jones Industrial Average remained on pace to post a weekly gain, despite falling on Friday. The Dow was down 0.4% in afternoon trading, but the blue-chip stock index was still heading for a weekly gain of 1.
Stock futures were mixed Friday, with the Dow Jones Industrial Average ticking higher and the S&P 500 slipping after each set a closing record, while the Nasdaq pointed sharply lower as tech shares continued to decline on AI bubble fears.
Investor's Business Daily on MSN
Dow Jones futures rise, techs fall; Broadcom latest AI giant to tumble on earnings
The Dow Jones and Russell 2000 hit record highs while the Nasdaq slashed early losses. Broadcom sees AI chip sales doubling.
NDTV Profit on MSN
US Stock Market Today: Dow Hits New High As Investors Ditch Tech for Broader Market; Dollar Steady
The 30-stock Dow index soared 130 points or 0.3% to 48,835 after opening bell. The S&P 500 and Nasdaq Composite fell 0.1% and 0.5%, respectively.
Below are the Dow’s top and bottom five performers so far in 2025 No. 1: Caterpillar ( CAT ), +72.6% YTD. No. 2: Goldman Sachs ( GS ), +59.9% YTD. No. 3: Johnson & Johnson ( JNJ ), +45% YTD. No. 4: IBM ( IBM ), +41% YTD. No. 5: Nvidia ( NVDA ), +34.2% YTD.
S&P 500, Dow Jones Industrial Average, US Small Cap 2000, iShares Russell 2000 ETF. Read 's Market Analysis on Investing.com