Stocks

Dow Jones Rises Nearly 900 Points to Record Close as AI Trade Takes a Breather

Small-cap stocks are also outperforming, as the Russell 2000 eyes 3,000.
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Dow Jones Rises Nearly 900 Points to Record Close as AI Trade Takes a Breather
Wall Street in New York City on April 4, 2025. Samira Bouaou/The Epoch Times
Andrew Moran
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Investors are taking a break from the artificial intelligence (AI) trade and rotating into more conventional bank and retail stocks.

The blue-chip Dow Jones Industrial Average rose by 874.86 points, or 1.73 percent, to close at a new record high of 51,561.

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Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."