US stock market closes: Dow falls 0.36%, Nasdaq rises 0.45% to record high

According to Gate market data, the US stock market closed on Tuesday with the Dow Jones Industrial Average down 0.36%, the S&P 500 slightly higher, and the Nasdaq up 0.45% to reach a new closing high. Notable movements included Micron Technology up 5%, SK Hynix up over 3%, SanDisk up 6.8%, and Cisco down over 4%. The Nasdaq Golden Dragon China Index rose 0.32%, with Alibaba gaining 0.45%.