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Dow Jones Today Chases Nasdaq As Chips Lead Stocks Higher; Tesla Snubs Bitcoin; Yeti, PLBY Group Score Q1 Wins – Investor’s Business Daily

ASML Holding led rallying chips stocks, Microsoft and Apple paced the Dow Jones today, as stocks responded to jobs and inflation data.

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Stocks ran sharply higher Thursday, ignoring another rising inflation gauge as the Dow industrials and S&P 500 faced key technical tests. Chip stocks led the early action with a broad advance. Tesla stock jumped as Bitcoin plummeted on a Tesla policy change. Meanwhile, Boeing leapt to the top of the Dow Jones today.
XThe Nasdaq Composite scrolled up 1.5%, with ASML Holding (ASML) and Applied Materials (AMAT) leading the advance. The S&P 500 rose 1.3%, staging a healthy bounce off its 50-day moving…

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