Dow closes at another record high as chip stocks, retail data support
- Posted on October 18, 2024
- By Business News Today
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Dow closes at another record high as chip stocks, retail data support
The Dow Jones Industrial Average achieved its fourth record close in five sessions, driven by strong retail sales and a bullish forecast from TSMC. U.S. retail data signaled robust economic health, sustaining investor optimism despite slight losses in the S&P 500 and mixed performances among other indexes.
