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Dow hits third straight record as Nasdaq slips ahead of jobs data

Dow reached a fresh record while Nasdaq eased ahead of US jobs data release.
The Dow Jones Industrial Average eked out a third straight record high while the S&P 500 and Nasdaq slipped ahead of key US jobs data release. Investors adopted a cautious stance before fresh labor market updates and economic indicators. Analysts noted sector rotation and profit booking influenced index divergence. Market participants are assessing inflation signals and Federal Reserve policy expectations closely.