The Dow Jones Industrial Average dropped approximately 343 points on August 6, falling 0.63% to close near 54,005, ending a six-session winning streak that had pushed all three major indices to record highs. The S&P 500 and Nasdaq Composite also declined around 0.4%. Sector losses were uneven, with IBM leading the decliners down 1.89%, while Disney rose 1.71% and Nvidia gained 1.62%. Bitcoin held steady near $64,500, relatively stable despite equity market volatility. The Dow nonetheless remains well above its record of 54,178 set on August 3.
Source: Read the original article
