Nasdaq Hits Record as Dow Slips on AI Fears

The Nasdaq Composite closed 0.5% higher at a record high on Tuesday, while the Dow Jones fell nearly 200 points as financial stocks slid on concerns that AI could pressure brokerage margins. Shopify surged over 7% on its Meta partnership, but Allstate and Charles Schwab dropped sharply. Oil prices also eased, with Brent crude falling below $100 a barrel.