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Tech-Driven Rally Lifts Dow Jones to New High

Guavy AI Editorial Team
Instruments
NVDA
Share

The Dow Jones Industrial Average (DJIA) rose 0.19% to trade around 54,600 during European hours on Thursday.

This increase was driven by tech stocks, particularly Nvidia, which surged 3.4% after Elon Musk confirmed that the company would rely exclusively on Nvidia chips for its AI infrastructure.

However, other tech-heavy indexes, such as the Nasdaq 100, declined 0.35% to trade near 29,510, weighed down by sharp swings in the technology sector.

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