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Dow notches new record close, tech slumps

Stocks are trading mixed on Monday, with Dow Jones Industrial Average (^DJI) closing a new record high. However, the technology sector is lagging the broader market rebound, with most tech stocks trading in negative territory, though Arm Holdings (ARM) shares surged.

Yahoo Finance’s Markets Reporter Jared Blikre breaks down the details.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor’s note: This article was written by Angel Smith

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