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International Business Times
International Business Times
Business
Terry Massey

FOUND: Dow reaches record high while tech stocks weigh on recovery | Mind Blowing Facts

The Dow Jones Industrial Average hit a record high Monday, while tech-sector losses weighed on the S&P 500 and Nasdaq Composite in another typically volatile day on Wall Street.

The Dow gained a modest 0.16% to reach its 23rd record close of the year at 41,240 points. This one comes after a recent correction as the markets try to shift into recovery mode.

But the Nasdaq Composite fell 0.85%, and the S&P 500 slipped 0.32% to 5,616, still well within reach of its recently set closing high of 5,667 on July 16. Yet the overall signs are that "the market is in a pretty healthy place," according to CNBC.

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