Major stock indices end mixed as Dow and S&P hit new records.NASDAQ falls on tech weakness

The U.S. major equity indices closed mixed as the Dow and S&P 500 reached new record highs while the Nasdaq fell due to weakness in the tech sector. The session showcased a clear divergence between blue-chip strength and renewed fears in high-growth technology stocks. Oracle's share price plummeted 10.83% after reporting better-than-expected EPS but missing revenue estimates, raising concerns over potential overspending on AI infrastructure. This tech weakness spilled over into the broader semiconductor sector, impacting firms like Nvidia, Micron, and Intel. Conversely, the Dow and S&P 500 reached all-time highs, with the Dow surging to 48,704.01 points (+1.34%). The market remains bifurcated, favoring value and cyclicals while tech stocks face increased scrutiny.