Dow Closes at 52,856 as Chipmakers Lead, Berkshire Hits Record High

The Dow Jones Industrial Average closed Wednesday at 52,856.09, up 360.21 points or 0.69%. The S&P 500 gained about 0.6% and the Nasdaq Composite rose about 1%, led by chipmakers, with Nvidia up more than 1.5% and AMD about 2%.

Berkshire Hathaway closed at a record high for a tenth straight gain. Netflix fell 4-5% after a soft forecast, and AT&T dropped 6% despite adding 379,000 postpaid phone customers. Super Micro rose after lifting its revenue outlook.

Big Tech earnings continue, with Tesla and Meta reporting after the close. This article is for information only and is not investment advice.