Tech stocks outperformed in the stock market today with Palantir Technologies showing strength. Magnificent Seven stock Apple reached a high.
The Russell 2000 is now less composed of tech stocks and more of the various sectors that are more sensitive to changes in economic demand.
The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite rose 0.9% to push its own record higher. The Nasdaq composite rose 159.54 points, or 0.9%, to 18,188.30. The Russell 2000 index of smaller companies rose 2.75 points, or 0.1%, to 2,036.62.