Stock Market Today: Dow, Nasdaq Close Higher as Chip Stock Frenzy Continues — Live Updates - WSJ
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- Dow Jones closed higher alongside the Nasdaq as chip stocks drove a market rally.
- S&P 500 eked out a gain, posting its first close above 7,400 despite a fresh Iran setback.
Why it matters: Tech‑focused investors win as the S&P 500 closes above 7,400 and the Dow/Nasdaq rise, while homebuyers and builders lose ground as April home sales flat, a bust that dampens consumer spending.
