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Kiplinger
Kiplinger
Business
Karee Venema

Dow Notches New High as Tech Stocks Drop: Stock Market Today

Dow V Kevin Warsh Stock Market JPM Dow Jones Visa SpaceX SPCX United States
Closeup of person looking at blue stock market chart and pointing at screen with a pen.

Blue chip stocks emerged as the clear winners Tuesday, with strong gains in several high-priced names sending the Dow Jones Industrial Average to a new record high. But weakness in the tech sector kept pressure on the S&P 500 and Nasdaq Composite.

After trading above 52,000 in intraday trading, the Dow closed up 0.6% at 51,999, its highest settlement ever. JPMorgan Chase (JPM, +3.7%) and Visa (V, +2.9%) were the best Dow Jones stocks today. With JPM trading at $331 per share and V at $333 per share, these two have an outsized influence on the price-weighted Dow.

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