U.S. Stocks Close: Dow Hits New Record, Tech Stocks Diverge, Apple Rises 4.8%

U.S. stocks closed mixed on Thursday. The Dow Jones Industrial Average rose 1.1% to a new closing high, while the S&P 500 edged lower and the Nasdaq fell 0.8%. Tech stocks faced broad declines: Micron fell 5.4%, SanDisk plunged 14%, Intel dropped 5%, Seagate and Western Digital both slipped around 10%. Apple bucked the trend, surging 4.8%, while Meta dropped nearly 5%. In Chinese ADRs, the Nasdaq Golden Dragon China Index fell 1.77%, with Baidu and XPeng both down about 4%.