• Dow dips below 35K, Nasdaq rises as Google hits record

  U.S. investors digested the Federal Reserve's ongoing promise to keep interest rates low as the economy continues its recovery against rising inflation. The S&P 500 ended the session little changed, while the Dow Jones Industrial Average fell over 127 points, primarily weighed down by shares of McDonald's. The Nasdaq Composite carved out a gain of 0.70% as Google parent Alphabet closed at a fresh all-time high.

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