The Dow Jones Tops 52,000 For The First Time Ever, Oil Prices Fall

Another day, and another record day on Wall Street, as the Dow Jones topped 52,000 points for the very first time, in yet another new record high.

The S&P dropped 0.57% and ended at 7,511.35, while the Nasdaq also slipped 1.15% to 26,376.34.

Cyclical stocks had the big gains.

Oil prices dropped again, with Brent Crude Futures falling 5.06% to close at $78.96 a barrel. West Texas Intermediate Futures were down 5.82% to $76.05 a barrel. It was the first time oil went below $80 a barrel for both since early March.