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Updated 26d ago
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Nasdaq dragged lower by Apple, Dow notches record as market divides: Live updates
The Dow Jones notched a record high while the Nasdaq fell due to weakness in Apple. S&P 500 futures rose following a surge in Micron shares after earnings. Investors are awaiting the May personal consumption expenditures price index reading on Thursday.
What changed
The Dow reached a record high while the Nasdaq declined due to Apple's performance.
Live updates
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Market Diverges as Dow Hits Record and Nasdaq Slips
confidence 90%The Dow Jones notched a record high while the Nasdaq fell due to weakness in Apple. S&P 500 futures rose following a surge in Micron shares after earnings. Investors are awaiting the May personal consumption expenditures price index reading on Thursday.
What's confirmed:
- The Dow Jones notched a record high.
- The Nasdaq was dragged lower by Apple.
- S&P 500 futures rose following a surge in Micron shares after earnings.
- The Fed's preferred inflation gauge, the May personal consumption expenditures price index, is released Thursday at 8:30 a.m. ET.
Still unconfirmed:
- Nasdaq futures jumped 2% due to forecasts from Micron and Qualcomm.
- A hot PCE reading caused the Nasdaq to slip and Big Tech to falter.
- The US market ended lower on Friday due to technology share weakness and AI spending concerns.