Dow Jones ends at record 52,900, chips mixed ahead of Fed week
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Dow Jones ends at record 52,900, chips mixed ahead of Fed week
NEW YORK, July 3, 2026, 16:04 (EDT) U.S. cash equity markets were closed Friday for the Independence Day holiday; Thursday’s close stands as the latest figure for the Dow Jones Industrial Average (INDEXDJX:.DJI). (New York Stock Exchange) The Dow finished at a record 52,900.07, gaining 594.83 points. The Nasdaq Composite (INDEXNASDAQ:.IXIC) dropped 0.80%, and the…
The AI chip trade cracked this week, and the hunt for what replaces it has begun
The trade that defined the first half of 2026, buying anything with proximity to a GPU, broke apart in the holiday-shortened week before Independence Day. The PHLX Semiconductor Index, which had surged more than 80% in the first half, sank 6.3% on Wednesday and 5.4% on Thursday, a two-session decline of roughly 12%. While chip stocks [ . . . ] This story continues at The Next Web
The index rose 2% in the short week, closed at 52,900 points and Wall Street does not open today for Independence Day.
Dow Hits All-Time Record Close of 52,900 as Apple and Jobs Miss Send Blue Chips Soaring Before Holiday Weekend
The Dow Jones Industrial Average hit a record high, driven by traditional stocks, while the Nasdaq and semiconductor sectors faced declines amid mixed economic signals and employment data.
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