Dow's Nearly 150-Point Fall Led By Losses For Procter & Gamble, Amazon.Com Inc. Stocks

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U.S. Market Close | Contradictory statements from the U.S. and Iran led to volatile trading, with major indices closing higher; space-related stocks extended gains, with ASTS and Redwire up over 8% and RKLB rising nearly 5%; crude oil plunged 4%, while go

The Dow Jones Industrial Average closed at a record high, boosted by defensive stocks such as Procter & Gamble and UnitedHealth. The consumer discretionary sector rose by 1.9%. After hitting record highs on Tuesday, the technology and semiconductor sectors experienced a notable pullback on Wednesday. The Philadelphia Semiconductor Index declined by 1.4%, with Intel down 1.4% and Qualcomm plunging 6%. Micron Technology, however, continued to rise, gaining 3.6%.

wallstreetcnMay 28 06:44