Dow, S&P 500 Notch Record Closing Highs but Nvidia Shares Dip, Dollar Weakens

GLOBAL MARKET - NEW YORK. The S&P 500 and Dow Jones Industrial Average registered record closing highs on Thursday, even as Nvidia shares slipped amid uncertainty over its China business, while the dollar weakened against the euro and yen as traders anticipated U.S. interest rate cuts soon. 

Leading artificial intelligence chip designer Nvidia's shares ended 0.8% lower as questions around the Sino-U.S. trade war clouded a better-than-expected revenue forecast from the company, released after Wednesday's market close.