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US stocks end mixed as Dow and S&P hit records
Dow and S&P closed at record highs, while Nasdaq dipped slightly as investors rotated away from large technology stocks.
US equity markets closed mixed overnight, with the Dow Jones and S&P 500 ending at record highs while the Nasdaq slipped modestly. The Dow rose about 1.3% and the S&P added roughly 0.2%, supported by gains in industrials and consumer stocks. Technology shares faced profit-taking amid ongoing valuation concerns.