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The Economic Times
The Economic Times

US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses

Rising healthcare and consumer stocks ​boosted the Dow Jones Industrial Average on Wednesday to a record closing high, while the S&P 500 and the Nasdaq were steady, as investors took a pause from the AI-led market rally while cautiously watching Middle East peace talks.

Banking stocks were down as shares of JPMorgan Chase slid after CEO ‌Jamie Dimon warned ⁠that expenses ⁠this year could be $1 billion higher than estimated.

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