Business
Tuesday, 7/7, 01:26 PM
The Dow Tops 53,000 as Investors Rotate Out of Chip Stocks
- The Dow Jones Industrial Average closed above 53,000 for the first time as money flowed into steadier, old-economy stocks, while semiconductor shares extended a sharp slide.
- The move points to a rotation away from the AI-chip names that had led the market's gains this year.


