Dow Jones

The Dow Jones Industrial Average, the S&P 500 and the tech-focused Nasdaq Composite closed at record highs last week, with most stocks edging upward this week following a pause on Tuesday.

Dow Jones, the parent of the Wall Street Journal, reached a licensing deal with OpenAI in May that could be worth more than $250 million over five years.

In the US on Tuesday, the Dow Jones Industrial Average, S&P 500 and Nasdaq all closed more than 1% higher.

The Dow Jones Index is a measure of the performance of 30 large companies listed on US stock exchanges.

At one point, the Dow Jones industrial average plunged more than 1,200 points, on a day when equity markets tumbled across the globe.