Dow Jumps to New Highs as Fed Cut, Oracle Miss Fuel Shift from Tech to Value Stocks
The S&P 500 Index ($SPX) (SPY) today is down up +0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +1.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.52%. Stock indexes are mixed today, with the Nasdaq 100 falling to a 1-week low and the Dow Jones Industrials climbing to a new all-time high. The broader market is under pressure today after Oracle's earnings, viewed as a bellwether of the AI investment boom, came in worse than expected, fueling concerns about the vast spending tied to ...