Dow Gains Amid Mixed Market Performance and Falling Treasury Yields

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Source: Investor's Business Daily
Dow Gains Amid Mixed Market Performance and Falling Treasury Yields
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average gained 0.2% but remained below its 50-day moving average, while the Nasdaq and S&P 500 struggled to maintain gains. Cruise line stocks surged, led by Carnival's nearly 5% jump after announcing it would absorb P&O Cruises Australia by 2025. Nvidia hit new highs following announcements about its AI chip plans. The 10-year Treasury yield fell to 4.34%, and crude oil prices dipped amid economic concerns. Gold and silver prices dropped, impacting mining stocks like Agnico-Eagle Mines and Pan American Silver.

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