S&P 500, Dow close higher, Nasdaq slumps
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It was a mixed day on Wall Street. The Dow Jones Industrial Average (^DJI) and S&P 500 (^GSCP) both closed higher, while the Nasdaq Composite (^IXIC) ended the day in the red. AI-related chip names like Nvidia (NVDA) fell after the Biden administration announced updated rules for AI chip exports.
Market Domination Overtime Anchor Julie Hyman and Yahoo Finance Markets and Data Editor Jared Blikre break down the action at the close.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Stephanie Mikulich.
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