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Major stock indexes finished mixed Friday, with the Dow Jones Industrial Average declining for a second straight session but registering a weekly gain.
Fears that American companies have been overspending on AI, with some already shelling out billions of dollars, have rocked markets over the past two weeks.
Investors drove the Dow to back-to-back record gains shrugging off concerns about an AI bubble and the lack of economic data tied to the government shutdown.
Major stock indexes ended sharply lower Thursday, a day after President Donald Trump signed a funding bill to end the longest federal shutdown in U.S. history, as technology shares dragged the Nasdaq.
Dragged down by losses for shares of Goldman Sachs and UnitedHealth, the Dow Jones Industrial Average is in a selloff Friday morning.
Former Speaker of the House Nancy Pelosi (D-Calif.) announced in early November that she would not run for re-election in 2026, ending her decades-long tenure in the U.S. House of Representatives. The decision means investors will no longer get public disclosures on what stocks her husband Paul Pelosi is buying and selling,
The Dow Jones Industrial Average reached another record even as drops elsewhere in the market kept other indexes in check
The Dow Jones Industrial Average posted a record high upon closing on Tuesday, while the Nasdaq Composite finished down as investors sold tech stocks.
Dragged down by declines for shares of Walt Disney and NVIDIA Corp., the Dow Jones Industrial Average is declining Thursday morning.