Dow ends at record high, Nasdaq falls as tech slides

Strong gains by Goldman Sachs, Caterpillar and Chevron sent Dow to the record. Energy and materials continued this week's momentum, leading gains among S&P 500 sectors. Defensive utilities and real estate led sectoral declines

NEW YORK: The Dow Jones Industrial Average ended at a record high on Wednesday, driven higher by energy and other economically sensitive sectors, while the Nasdaq closed in red as megacap growth stocks slipped.

Strong gains by Goldman Sachs, Caterpillar and Chevron sent Dow to the record. Energy and materials continued this week's momentum, leading gains among S&P 500 sectors. Defensive utilities and real estate led sectoral declines.