US stocks close mixed. Dow down modestly. Nasdaq leads. ...Middle East

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US stocks close mixed. Dow down modestly. Nasdaq leads.

The major US stock indices are closing mixed with the Dow industrial average down marginally while the NASDAQ index leads the advances.

A look at the numbers shows:

    Dow industrial average -25.57 points or -0.06% at 42706.56.S&P index +32.91 points or 0.55% at 5975.38.NASDAQ index +243.30 points or 1.24% at 19864.98Russell 2000-1.82 points or -0.08% at 2266.64.

    Nvidia CEO Jensen Huang will deliver a keynote address at CES 2025 on Monday at 6:30 p.m. PT. Rumors suggest the event will feature new GPUs for PCs, updates on robotics, AI cloud ventures, and possibly details about the next-generation "Rubin" chip which follows the Blackwell chip. From Tuesday to Friday, Nvidia will showcase advancements in AI, gaming, and automotive technologies.

    Shares of Nvidia close at a new record level of $149.43 up $4.96 or 3.43%.. That surpassed the previous high on November 7 at $149.88.

    In other big large-cap stocks:

    Microsoft +1.06%Amazon +1.53%Meta +4.23%Alphabet +2.65%Apple +0.67%Tesla +0.15%Dell +3.96%Boradcom +1.66%AMD +3.33%ARM Holding +4.49%

    Some losers today included:

    Oracle -0.38%Palantir -4.97%Tencent -8.05%Lockheed Martin, -3.31%Northrop Grumman, -2.76%Palo Alto network, -2.07%General Dynamics, -2.02% This article was written by Greg Michalowski at www.forexlive.com.

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