• Dow taps new record, Nasdaq selloff continues

  U.S. stocks opened mixed with the Dow Jones Industrial Average notching a new record ahead of the Federal Reserve minutes due later today and following a strong ADP jobs report which showed the creation of 807,000 private sector jobs. Tech names were divided in the Dow with Intel gaining over 2%, while Salesforce fell over 6% after UBS turned neutral on the stock. In commodities, oil climbed over 1% nearing $78 per barrel.

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