Dow Closes Above 52,000 for First Time as Alphabet Jumps Nearly 5% in Index Debut
Updated
Updated · CNBC · Jun 30
Dow Closes Above 52,000 for First Time as Alphabet Jumps Nearly 5% in Index Debut
3 articles · Updated · CNBC · Jun 30
Summary
52,000 was breached at the close for the first time by the Dow Jones Industrial Average, lifted by Alphabet’s nearly 5% gain on its first day in the blue-chip index.
That milestone came even as the broader market looked weaker for June: the Dow was up more than 2% month to date, while the S&P 500 and Nasdaq were both headed for their first monthly declines in three months.
Small caps still stood out, with the Russell 2000 on track for its biggest first-half gain since 1991.
The split performance underscores how a handful of large-cap moves can power headline records even when gains are not broad across major U.S. indexes.