Dow Rises to Record But Rest of Market Rolls Over on Tech Woes
A sharp decline in tech pressured the S&P 500 and Nasdaq composite
Published at 9:46 AM EST on Dec 4, 2017 | Updated at 4:54 PM EST on Dec 4, 2017
The Dow Jones industrial average notched a record closing high on Monday after the Senate narrowly passed a major tax bill over the weekend, CNBC reported.
The 30-stock index rose 58.46 points to 24,2940.05, with Walt Disney and Boeing leading advancers. The Dow also hit an intraday record and rose more than 300 points at its session high.
The rest of the market closed lower, however, as a sharp decline in tech pressured the S&P 500 and Nasdaq composite.
Copyright Associated Press