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Benzinga
Benzinga
Business
Piero Cingari

Dow Hits Record, Meta Soars On AI-Cloud Bet: Stock Market Today

Meta Dow Jones the Dow Jones ETF Semiconductor Coinbase Global Inc CoreWeave Inc Gold ISM Reddit Inc
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The Dow Jones climbed to a fresh record high on Wednesday and software stocks surged, but a punishing semiconductor selloff dragged the Nasdaq 100 lower, leaving Wall Street sharply split down the middle as the AI trade fractured.

The S&P 500 gained 0.3% near 7,518, while the Dow Jones Industrial Average advanced about 332 points, or 0.6%, to a record above 52,700.

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