Stocks Saw a Positive Sign In a Weak Jobs Report. They Were Mixed Anyway.

Stocks were mixed on Thursday as the Dow Jones climbed to a new record and the tech-heavy Nasdaq Composite dropped more than 1%, dragged by chipmakers.

Stocks were mixed on Thursday as the Dow Jones climbed to a new record and the tech-heavy Nasdaq Composite dropped 0.80%, dragged by chipmakers. The VanEck Semiconductor ETF fell more than 5%, CNBC noted.

In contrast, the Dow Jones Industrial average rose more than 1%, reaching yet a new record before the long weekend. The S&P 500 was largely flat.