Dow Hits New Record High As Stocks Rally Despite Nvidia's Slump
Dow(US:DOW) Forbes·2024-08-29 20:39ToplineThe Dow Jones Industrial Average posted a record high Thursday while other indexes were mostly flat, securing the milestone as AI behemoth Nvidia, known for swaying broader markets, tumbled after a positive earnings report failed to impress investors.Multiple indexes jumped in the afternoon and had some or all of their gains cut by market close. ... [+] (Photo by Spencer Platt/Getty Images)Getty Images Key FactsThe Dow jumped nearly 0.6% on the day to close at a new record high of 41,335.05 on Thursd ...