Dow Hits Record Close As Wall Street’s AI Rally Loses Its Easy Money Feel
The Dow Jones Industrial Average closed at a record high on Wednesday, helped by healthcare and consumer stocks, while the S&P 500 and Nasdaq barely moved as the artificial intelligence trade took a pause. Preliminary data showed the Dow rose 189.08 points, or 0.37%, to 50,650.76; the S&P 500 added 1.81 points, or 0.02%, to 7,520.93; and the Nasdaq gained 18.55 points, or 0.08%, to 26,676.60.