Dow Hits 53K as Nasdaq Leads US Stocks to Record Close

Major US indices rise, with the Dow reaching an all-time high and tech-heavy Nasdaq posting the largest gains. US stocks closed higher, driven by strong performances in the tech sector. The Dow Jones Industrial Average reached 53,061.30, a record high, while the Nasdaq Com

Major US indices rise, with the Dow reaching an all-time high and tech-heavy Nasdaq posting the largest gains.

US stocks closed higher, driven by strong performances in the tech sector. The Dow Jones Industrial Average reached 53,061.30, a record high, while the Nasdaq Composite surged 1.12% to 26,121.16. The S&P 500 rose 0.72% to 7,537.42, and the Russell 2000 climbed 30.45% to 3,009.54.

Boeing, IBM, and Goldman Sachs led Dow gains, each rising over 3%. Top performers in the broader market included Tesla (+6.69%), AMD (+6.61%), and Seagate Technology (+5.86%). Decliners were led by O’Reilly Automotive (-6.66%) and Chipotle Mexican Grill (-3.98%).

The rally reflects investor optimism amid strong corporate earnings and economic data, with tech stocks outperforming broader indices.

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