The Dow Jones index closed at a record high.

VTV.vn - The Dow Jones Industrial Average on the US stock market closed at a record high, driven by progress toward ending the US government shutdown.

US stocks mostly rose despite a decline in technology stocks.

Members of the US House of Representatives returned to Washington after a 53-day recess to vote on ending the shutdown. The bill is likely to be passed as early as November 12th and sent to President Donald Trump for signing into law. This development led to a sharp rise in both the Dow Jones and S&P 500 indices. Meanwhile, the Nasdaq index fell slightly, due to renewed concerns about the overvaluation of AI-related stocks, especially after news of SoftBank selling its Nvidia shares.

Tim Urbanowicz, an analyst at investment brokerage Innovator Capital Management, noted that the market certainly has concerns about overvaluation. But this doesn't necessarily mean a sell-off is imminent.

Some market analysts view the Dow Jones' sharp rise in this session as evidence of a shift of money from technology stocks towards industrial stocks.

Investors were encouraged by the progress on the Capitol Hill bill aimed at ending the prolonged government shutdown in the United States.

Across the Atlantic, major European stock markets also rose in this session. The FTSE 100 in London hit a new record high as the pound weakened, pushing the index up 1.2% to 9,899.60 at closing. The CAC 40 in Paris (France) also rose 1.3% to 8,156.23, while the DAX in Frankfurt (Germany) gained 0.5% to 24,088.06.

Source: https://vtv.vn/chi-so-dow-jones-chot-phien-cao-ky-luc-100251112093321402.htm