US stock market today: Dow soars to new high, S&P 500 rises, but Nasdaq stumbles - here's the reason behind the moves

Wait 5 sec.

US stock market today: The Dow Jones Industrial Average reached a new peak on Tuesday. Investors moved funds from technology stocks to companies with lower valuations. This shift saw blue-chip firms like Merck and Johnson & Johnson gain. Meanwhile, tech stocks, including Nvidia and CoreWeave, experienced declines due to weak guidance and stake sales. Concerns over tech valuations are growing.