Dow hits new high again... "Impact of consumption more than expected"

Economic indicators that U.S. consumption exceeded expectations and strong performance in semiconductor stocks have pushed the Dow on the New York Stock Exchange to a new daily high.

On the New York Stock Exchange, the Dow closed 0.37% higher, setting a new all-time high following yesterday.

The tech-heavy Nasdaq Composite also rose 0.04% from the previous session, while the S&P 500, which once hit an all-time high, closed 0.02% lower.

Increased U.S. retail sales and strong earnings from the world's largest semiconductor consignment producer TSMC in September led to buying, led by shares related to artificial intelligence, including Nvidia.