Dow Jones Rises as Semiconductor Stocks Face Pressure Amid Fed Minutes Anticipation
The Dow Jones Industrial Average rose 0.64% to 53,684.26 on August 19, as Nvidia and semiconductor stocks faced pressure.
Merck surged 11.31%, Home Depot gained 2.85%, and Sherwin-Williams climbed 2.58%, contributing to the Dow's growth.
The Nasdaq Composite fell behind due to weakness in technology and semiconductors, with Broadcom down 4.84% and Intel declining by 3.99%.