# The Dow Jones Industrial Average spiked to a fresh record high on Thursday.

*business · news · 2026-06-04 · Times Now*

## Key points

- The Dow Jones Industrial Average reached a new record high on Thursday.
- A sell-off in Broadcom triggered investor pullback from AI-linked chip stocks.
- Investors rotated from tech stocks to non-tech sectors amid AI sector volatility.
- Mixed sentiment in AI stocks is influenced by both automation disruption and geopolitical tensions.

The Dow Jones Industrial Average spiked to a fresh record high on Thursday, while the Nasdaq Composite tumbled as investors pulled out of chip stocks and shifted towards non-tech stocks. The rotation took place due to a sell-off in Broadcom that led investors to pare exposure to stocks that had links to artificial intelligence. Experts believe that this comes as a stark reminder that just like other sectors, not all stocks are the same in the AI sector and the sentiment has been mixed given AI disruption and geopolitical tensions.

[Read the full story on Times Now](https://www.timesnownews.com/business-economy/markets/wall-street-today-dow-jumps-800-points-nasdaq-declines-on-tech-selloff-article-154460487)

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