{"id":911812,"date":"2026-06-10T16:18:14","date_gmt":"2026-06-10T21:18:14","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/10\/us-stocks-today-dow-posts-closing-record-high-sp-500-nasdaq-muted-as-ai-rally-pauses\/"},"modified":"2026-06-10T16:18:14","modified_gmt":"2026-06-10T21:18:14","slug":"us-stocks-today-dow-posts-closing-record-high-sp-500-nasdaq-muted-as-ai-rally-pauses","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/10\/us-stocks-today-dow-posts-closing-record-high-sp-500-nasdaq-muted-as-ai-rally-pauses\/","title":{"rendered":"US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses"},"content":{"rendered":"
\n

Rising healthcare and consumer stocks \u200bboosted the Dow Jones Industrial Average on Wednesday to a record closing high, while the S&P 500 and the Nasdaq were steady, as investors took a pause from the AI-led market rally while cautiously watching Middle East peace talks.<\/p>\n

Banking stocks were down as shares of JPMorgan Chase slid after CEO \u200cJamie Dimon warned \u2060that expenses \u2060this year could be $1 billion higher than estimated.<\/p>\n

The White House denied reports from Iran’s state TV that Tehran would restore Strait of Hormuz shipping within a \u200bmonth in exchange for a U.S. military pullback and the lifting of a naval blockade.<\/p>\n

Still, indexes traded near record highs.<\/p>\n

The Dow, which hit \u200bclosing highs on Friday and Thursday, was lifted by a rotation into healthcare and consumer stocks such as Procter & Gamble .<\/p>\n

However, a pullback in chip stocks weighed on the tech-heavy Nasdaq.<\/p>\n

According to preliminary data, the S&P 500 gained 1.81 points, or 0.02%, to \u200bend at 7,520.93 points, while the Nasdaq Composite gained 18.55 points, or 0.08%, to 26,676.60. \u2060The Dow \u200cJones Industrial Average rose 189.08 points, or 0.37%, to 50,650.76.<\/p>\n

“After such a large run-up in the \u200bmarkets, it’s not surprising \u200bto me that there is a little bit of a pause,” said Sean Clark, chief investment \u2060officer of Clark Capital Management Group.<\/p>\n

“There’s a lot of positives to look at \u200bright now. Even though the outperformers are really being driven by tech, AI and AI \u200badjacent themes, I wouldn’t discount the fact that the broad market is participating as well.”<\/p>\n

Among the sub-indexes, consumer discretionary was leading the gains.<\/p>\n

Meanwhile, the S&P 500 energy index fell, tracking a decline of as much as 5% in oil prices. Tech shares dropped after reaching an all-time high on Tuesday.<\/p>\n

Chip stocks were down after a strong rally. Intel fell and Marvell Technology fell, while Qualcomm fell sharply after sharp gains Tuesday.<\/p>\n

Chip giant Nvidia weakened andthe Philadelphia SE Semiconductor index lost after hitting a record \u200chigh on Tuesday.<\/p>\n

“Technology leadership remains difficult to ignore, with the sector continuing to push to new highs on both an absolute and relative basis compared to the broader market,” said Adam Turnquist, chief technical strategist, \u200bLPL Financial.<\/p>\n

“That said, \u200bincreasingly stretched momentum conditions and elevated \u2060positioning raise questions around the near-term durability of the advance.”<\/p>\n

Zscaler tumbled after the cloud security firm projected fourth-quarter revenue below expectations.<\/p>\n

Among other movers, GlobalFoundries fell after Bloomberg News reported that majority owner Mubadala Investment Company was seeking to raise $1.91 billion from an unregistered block \u200bsale of GFS shares.<\/p>\n

Bath & Body Works jumped after reporting first-quarter sales and profit above expectations, while Abercrombie & Fitch advanced on posting a strong quarterly profit. Goldman Sachs raised its 2026 year-end forecast for the S&P 500 to 8,000 from 7,600, citing continued strength in corporate earnings.<\/p>\n

Markets will next look toward the personal consumption expenditures index data on Thursday. The Federal Reserve’s key inflation measure could provide fresh clues on the monetary policy path forward under new chair Kevin Warsh.<\/p>\n

<\/div>\n

Clora Badon
Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rising healthcare and consumer stocks \u200bboosted the Dow Jones Industrial Average on Wednesday to a record closing high, while the S&P 500 and the Nasdaq were steady, as investors took a pause from the AI-led market rally while cautiously watching Middle East peace talks. Banking stocks were down as shares of JPMorgan Chase slid after<\/p>\n","protected":false},"author":1,"featured_media":911813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1605,22243],"tags":[12273,5036],"class_list":["post-911812","post","type-post","status-publish","format-standard","has-post-thumbnail","category-posts","category-stocks","tag-posts","tag-stocks"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/911812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=911812"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/911812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/911813"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=911812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=911812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=911812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}