One stock wrote the Dow Jones' entire session
• On Thursday, the Dow Jones Industrial Average traded near 53,700, dipping roughly 75 points (0.1%) while the S&P 500 hit a new intraday record and the Nasdaq Composite rose nearly 1%. • The divergence suggests a gap between the "old-economy" benchmark and a technology-driven rally fueled by a soft inflation print. • This performance highlights a significant split in market momentum, where tech stocks are outperforming traditional industrial components.
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