Dow jumps nearly 600 points to record close; Nasdaq slides as chip stocks suffer: Live updates
AI Summary
On Wednesday, the Dow nearly jumped 600 points to reach a record close before erasing most gains to end just below flat. Meanwhile, the Nasdaq fell, impacted by declines in chip stocks.
The major averages ended lower Wednesday, with the Dow closing just below the flatline after erasing a 423.46-point jump that brought it to record highs.