The Dow Jones Industrial Average reaches a record closing high of 52,900 as US markets finish higher while the Nasdaq falls on weakness in chip names.Asian markets rebound after steep earlier losses: South Korea's Kospi recovers about 3–4% led by Samsung Electronics (+7%) and SK Hynix (+4.9%), and Tokyo's Nikkei 225 is buoyed by Kioxia despite a fall in Tokyo Electron.Traders point to a softer US payrolls print of 57,000 jobs,
Brent crude near $72–$73 per barrel and a roughly 2% bounce in
Bitcoin, which together ease inflation fears and lift crypto-linked stocks such as
Robinhood Markets and
Coinbase Global.