Dow touches 2023 peak as investors eye end of robust November


At 2.09pm ET, the Dow rose 319.02 points, or 0.9%, to 35,749.44, the S&P 500 lost 5.63 points, or 0.12%, at 4,544.95 and the Nasdaq dropped 109.54 points, or 0.77%, to 14,148.95.

NEW YORK: The Dow Jones Industrial Average touched its 2023 peak, but the S&P 500 and the Nasdaq lagged as investors approached the finish line of a banner month for stocks and viewed cooling inflation data through the lens of Federal Reserve monetary policy.

The Dow was the clear outperformer, breaching its 2023 intraday high with a solid boost from Salesforce on the heels of its consensus-beating earnings report.

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