India, June 2 -- Wall Street as mixed performance on Tuesday as investors balanced record-breaking gains in the Dow Jones Industrial Average against weakness in technology-heavy stocks while enthusiasm surrounding artificial intelligence continued to support semiconductor shares, concerns emerged after Alphabet announced an $80 billion equity fundraising plan to finance its expanding AI ambitions.

The Dow touched record highs amid strength in industrials and financials, while the Nasdaq fell amid negative influence of Alphabet on the tech sector. Other developments that the investors were following included developments in the Middle East, oil price falls, treasury yield increases, improvements in job market conditions and expectations f...