Dow Jones Closes at Record as Oil Sinks; AI Stocks Pause
The Dow Jones Industrial Average closed at a record 50,650.76, up 189.08 points, driven by gains in healthcare and consumer stocks as tech shares slipped. Oil prices fell sharply, with Brent crude down 4.6% to $92.25 a barrel. Airlines and cruise lines rose on lower fuel costs. The S&P 500 and Nasdaq posted only slight gains, while chip stocks retreated.