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News about industrial stocks
The 4 most recent of 6 stories tagged with this keyword.
- Wall Street diverges Tuesday, industrials advance, techs slip
- Wall Street diverges Tuesday , industrials advance , techs slip
- Wall Street diverges Tuesday , industrials advance , techs slip
- Wall Street diverges Tuesday , industrials advance , techs slip
Industrial stocks led U.S. markets on Tuesday while tech lagged, though AI stocks firmed after recent sell-offs. The Dow Jones Industrial Average rose 531.39 points, or 1.02%, to 52,497.42, the S&P 500 gained 22.02 points, or 0.29%, to 7,712.75, and the Nasdaq Composite slipped 0.02% to 26,424.82. The U.S. dollar weakened against major currencies, with EUR-USD at 1.1236, GBP-USD at 1.3381 and USD-JPY at 158.22. Major European indices drifted lower, with the FTSE 100 down 0.29% to 10,733.00, while Asian markets diverged, with Japan's Nikkei 225 down 1.30%, South Korea's KOSPI plunging 3.73% and Indonesia's IDX Composite surging 5.65%. Jake Behan of Direxion said upcoming hyperscaler earnings would be the next major test for the AI trade, with guidance on ROI and 2027 capex seen as more important than headline results.
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