The Dow gained 537 points and the S&P 500 finished slightly higher, while the Nasdaq fell. Coca-Cola, Sherwin-Williams and Illinois Tool Works all had strong days, but Micron, AMD and Applied Materials dropped around 8–9%. For years, one of the biggest complaints about the market was that too much of the index depended on AI and a small number of tech companies. Now money appears to be moving into industrials, consumer names and other less-loved parts of the market while semiconductors sell
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