#DowHitsRecordHigh Different stocks were risen up on Thursday, but Dow Jones Industrial average rallied to another record but more drops from computer chip companies and other winners of Artificial intelligence boom kept indexes mixed.
The Standard & Poor’s 500 finished the day virtually unchanged and edged up by less than 0.1%, even though 7 out of every 10 stocks within the index rose. The Dow jumped 594 points, or 1.1%, while the Nasdaq composite dropped 0.8% after erasing an early gain.On Wall Street, the company behind LaCroix sparkling waters climbed 7.5% after National Beverage said it will pay a special dividend of $3.25 for each share that investors hold.Dollar Tree rose 2.4% after the retailer said it approved a program to send up to $2.5 billion to its shareholders by buying back its stock.
The Standard & Poor’s 500 finished the day virtually unchanged and edged up by less than 0.1%, even though 7 out of every 10 stocks within the index rose. The Dow jumped 594 points, or 1.1%, while the Nasdaq composite dropped 0.8% after erasing an early gain.On Wall Street, the company behind LaCroix sparkling waters climbed 7.5% after National Beverage said it will pay a special dividend of $3.25 for each share that investors hold.Dollar Tree rose 2.4% after the retailer said it approved a program to send up to $2.5 billion to its shareholders by buying back its stock.