US Stock Market Today: Dow Jones Hits Record High as Nasdaq Slides on Chip Selloff & Samsung Earnings, Crude Oil Down, Gold & Silver Prices Surges Amid Dollar Strengthen | What Investors Should Watch
India, July 7 -- The stock market provided Wall Street with yet another mixed performance on Tuesday, as traders weighed up record gains posted by the Dow Jones Industrial Average against steep losses in tech stocks. Selling resumed again in chipmakers after positive surprise in earnings from Samsung and as doubts began to arise whether there is enough momentum for further AI spending while healthcare, energy and consumer staples benefited from investor inflows, tech stocks continued falling, sending the Nasdaq and the S&P 500 into losses.
Geopolitical tensions in the Middle East contributed to the uncertainty, pushing up crude oil prices and causing investors to reconsider their inflation expectations. It was evident that there is a shi...
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