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Dow Reaches New Record Closing High But Nasdaq, S&P 500 Give Back Ground

Following the strong upward move seen over the past few sessions, the major U.S. stock indexes turned in a mixed performance during trading on Tuesday. While the Nasdaq and the S&P 500 gave back ground, the narrower Dow climbed to a new record closing high.

The tech-heavy Nasdaq showed a significant pullback, slumping 307.60 points or 1.2 percent to 26,376.34. The S&P 500 also fell 42.94 points or 0.6 percent to 7,511.35, but the Dow rose 328.64 points or 0.6 percent to 51,999.67.

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by RTTNews Staff Writer

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