Dow Hits Record As Oil Sinks Below $90: Stock Market Today - State Street Consumer Discretionary Select S

Wall Street split decisively at midday Wednesday as the Dow Jones Industrial Average punched to a fresh all-time high while the Nasdaq 100 retreated.

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The Nasdaq 100 dropped 0.7% to 29,801, pressured by chip producers and AI hyperscalers retreating from record highs.

The S&P 500 edged 0.2% lower to 7,508 after brushing a record peak earlier in the session, while the Dow Jones Industrial Average advanced roughly 160 points or 0.3% to 50,622.