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Dow Hits New High As Investors Ditch Tech for Broader Market; Dollar Steady

Dow Hits New High As Investors Ditch Tech for Broader Market; Dollar Steady

Wall Street opened mixed on Friday, with the Dow Jones Industrial Average rising to a fresh record as investors continued to exit technology stocks and move into value areas of the market. The 30-stock index soared 130 points or 0.3% to 48,835 after opening bell. The S&P 500 and Nasdaq Composite fell 0.1% and 0.5%, respectively.

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