Dow Jones Reaches New Record Amid Mixed Market

Dow Jones Sets New Record, While Other Indexes Slide

The Dow Jones Industrial Average closed at a new record high on Monday, despite the broader market ending with mixed outcomes. This uptick followed a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium, which signaled a cautious approach to monetary policy. Market participants are now eagerly awaiting two key events: the July Personal Consumption Expenditures (PCE) Price Index release and Nvidia's earnings report, both set to impact market movements later this week.