pakistan
Wall St ends higher; Dow claims record closing high
Key takeaways
- The blue-chip Dow surged, hitting a record closing high with a boost from healthcare and financial stocks.
- The S&P 500 posted more muted gains, while the Nasdaq ended essentially unchanged.
- Chipmaker Broadcom missed revenue expectations, sending its shares tumbling and casting a pall over the AI frenzy, which has sent chip stocks soaring so far this year.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize Wall Street advanced on Thursday as progress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip selloff that held the Nasdaq’s gains in check.
The blue-chip Dow surged, hitting a record closing high with a boost from healthcare and financial stocks.
The S&P 500 posted more muted gains, while the Nasdaq ended essentially unchanged.
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