The Dow hit a record after a weak June jobs report eased Fed rate-hike fears, but a sharp semiconductor rout dragged the Nasdaq 100 lower Thursday.

The Dow hit a record after a weak June jobs report eased Fed rate-hike fears, but a sharp semiconductor rout dragged the Nasdaq 100 lower Thursday.

The Dow Jones Industrial Average rose 594.83 points, or 1.14 per cent, to 52,900.07. Read more at straitstimes.com. Read more at straitstimes.com.