The Nasdaq and S&P 500 closed higher on surging technology stocks while the Dow Jones Industrial Average slipped. The Nasdaq posted its strongest weekly performance since April, climbing more than 2.6% in the prior session alone. The S&P 500 hit a new record high, gaining 1.8%. Crude oil prices surged 5.1% to $82.13 per barrel amid escalating tensions in the Middle East. On August 10, the S&P 500 dipped slightly to roughly 7,753, the Nasdaq slipped 0.3% to 26,605, and the Dow fell about 61 points to 53,976, highlighting a widening gap between tech-heavy indices and the Dow.
Source: Read the original article
