US Stocks Mixed Near Records as Oil Drags Tech — SkimNews
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- Oil prices pressured the S&P 500 and Nasdaq while the Dow gained, buoyed by Microsoft and Salesforce in mixed Wall Street trading.
- Micron led tech stocks lower as the S&P 500 hovered near record highs and finished little changed to start the week.
Why it matters: With the S&P 500 near records but energy-driven selling hitting tech and growth-sensitive Nasdaq names, sector rotation tied to oil is driving index divergence. The fact that Microsoft and Salesforce could lift the Dow while Micron drags tech shows mega-cap resilience is selective rather than broad.
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