US stock market today: Why is Dow surging today? Dow up over 270 points while S&P 500 and Nasdaq are in the red – Gold holds firm and bitcoin slips again

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The Dow surged 272 points to hit a record 50,407 today. This gain came as retail sales stalled at 0.0%. Investors now expect lower interest rates. The S&P 500 slipped 0.09% and the Nasdaq fell 0.42%.