CNBC July 02, 2026 • 16:17

Dow rises more than 300 points to record, Nasdaq falls again as chipmakers struggle: Live updates - CNBC

By Sean Conlon, Justina Lee, Fred Imbert, Chloe Taylor

Dow rises more than 300 points to record, Nasdaq falls again as chipmakers struggle: Live updates - CNBC

The major averages ended lower Wednesday, with the Dow closing just below the flatline after erasing a 423.46-point jump that brought it to record highs.

Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Securities, said the U.S. economy looks healthy and investors may need to look beyond the market's biggest tech st… [+1440 chars]

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