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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.

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What changed

The Dow reached a record high while the Nasdaq declined due to Apple's performance.

Live updates

  1. Market Diverges as Dow Hits Record and Nasdaq Slips

    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.
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