The Economic Times

US stock market today: Why Dow jumps over 230 points while Nasdaq drops 150 - S&P 500 stays flat as gold and silver hit fresh record highs

US stock market today: Dow jumps over 230 points while Nasdaq drops 150. S&P 500 stays flat as gold and silver hit fresh record highs. The Dow Jones hit a record 49,509.30 today. It gained 268.31 points. In contrast, the Nasdaq dropped 145.37 points. This split shows a major market rotation. Investors are leaving tech for value stocks. AMD plunged 14% on weak forecasts. This dragged down the semiconductor sector. Meanwhile, gold surged past $5,000. Silver jumped 7.42% to $89.48.