Dow Jones Hit Record Highs As Oil Drops To $77: Stock Market Today

U.S. stocks showed mixed performance on Tuesday as investors rotated out of technology into financials, utilities, and industrials. The Dow Jones reached record highs at 52,185.49, while the Nasdaq 100 declined 1.4%. Oil prices fell to $77/barrel on expectations of a Strait of Hormuz reopening deal. Federal Reserve Chair Kevin Warsh prepares for his first policy meeting with markets pricing in a 97% probability of unchanged rates.