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U.S. Stock Market Overview for the 7th: Dow Falls 85 Points, Nasdaq Extends Gains for Fifth Day
U.S. stocks ended mixed on the 7th, with the Dow Jones Industrial Average falling 85.42 points to 46,584.46, reversing course from the previous session. The decline was driven by a rise in U.S. crude oil futures following hawkish remarks by President Trump toward Iran, which weighed on major stocks. However, the broader market found support from reports that Pakistan has requested a two-week extension to the ceasefire negotiations between the U.S. and Iran.
Nike, Home Depot, and Estee Lauder were among the decliners. On the upside, UnitedHealth Group surged, while Chevron performed well. Humana and CVS Health attracted buying interest, and Arista Networks advanced.
The Nasdaq Composite Index edged up 21.51 points to 22,017.84, marking its fifth consecutive day of gains. Alphabet rose, while Broadcom and Intel showed strength. Paramount Skydance surged sharply. On the downside, Apple and Tesla posted lackluster performances, and Kimberly-Clark declined.
Source: MINKABU PRESS
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