Technology companies plunged Thursday, and high-dividend stocks also took hefty losses as bond yields rose to their highest price in more than a year. But more big gains for blue-chip banking and oil stocks pulled the Dow Jones industrial average to a record high.
The Dow Jones industrial average rose 68.35 points, or 0.4 percent, to 19,191.93.
The Standard & Poor’s 500 index lost 7.73 points, or 0.4 percent, to 2,191.08.
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The Nasdaq composite tumbled 72.57 points, or 1.4 percent, to 5,251.11.
For the week:
The Dow is up 39.79 points, or 0.2 percent.
The S&P 500 is down 22.27 points, or 1 percent.
The Nasdaq is down 147.82 points, or 2.7 percent.
For the year:
The Dow is up 1,766.90 points, or 10.1 percent.
The S&P 500 is up 147.14 points, or 7.2 percent.
The Nasdaq is up 243.70 points, or 4.9 percent.