Dow Hits Record High on Otherwise Uneventful Trading Day
DOWDow(DOW) ZACKS·2024-08-27 21:13

Monday, August 26th, 2024It was an overall lackluster day in today’s stock market, save for one key piece of news: the Dow index has closed at new all-time highs. At 41,240 — +65 points on the day, or +0.16% — the blue-chip 30 stocks have taken out highs posted mid-July.Meanwhile, the Nasdaq has sold off -152 points on the session, -0.85%. The S&P 500 today dipped -0.32% and the small-cap Russell 2000 grew a modest +0.08%. As I say, overall a lackluster day of trading. What’s Behind the Chip Stock Selloff?A ...