U.S. Stock Market Closes Mixed on July 27; Apple Hits $5 Trillion Market Cap

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According to market data, the U.S. stock market closed mixed on July 27 overnight. The Dow Jones Industrial Average rose 1.3% to 52,747.32, while the S&P 500 gained 0.21% to 7,428.78. The Nasdaq Composite fell 0.22% to 24,876.91. Apple reached a historic $5 trillion market capitalization intraday—the second company after Nvidia to achieve this milestone—offsetting weakness in semiconductor stocks. The Philadelphia Semiconductor Index declined 4.49% for a fourth consecutive day, with SK Hynix ADR dropping 8.98%. Oil prices contributed to sentiment improvement, with WTI crude falling 4.1% and Brent crude declining 4.8% on expectations of U.S.-Iran negotiations.
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