Dow Hits 52,000 as Oil Falls; Tech Drags S&P 500
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- Dow Jones climbed above 52,000 for the first time to a record close, supported by falling oil prices, according to CNBC and Yahoo Finance headlines.
- Tech stocks sold off, knocking the S&P 500 and Nasdaq lower, while headlines also flagged the start of the Federal Reserve's policy meeting and a surge in SpaceX shares on a reported Cursor deal.
Why it matters: Investors saw a split tape: the Dow cleared 52,000 for the first time while the S&P 500 and Nasdaq slipped, as falling oil lifted cyclicals, a tech sell-off dragged growth names, and the Federal Reserve's policy meeting got underway.
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