U.S. stocks closed higher, with Nvidia ending its seven-day losing streak to rise more than 2%, while storage, optical communications, and crypto-related concept stocks rallied across the board.
2 hours ago
According to BIT (bit.com) market data, US stocks closed higher: the Dow Jones Industrial Average rose 0.3%, the S&P 500 gained 0.32%, and the Nasdaq climbed 0.66%. Nvidia snapped its seven-day losing streak, surging over 2%. Sectors including storage, optical communications, and cryptocurrencies rallied. For the storage and semiconductor sectors: Intel (INTC) rose 0.25%; Advanced Micro Devices (AMD) jumped 4.91%; Micron Technology (MU) gained 2.48%; SanDisk (SNDK) fell 0.83%; Seagate Technology (STX) climbed 3.4%; Western Digital (WDC) rose 3.53%; SK Hynix ADR advanced 2.68%. The optical communications sector: Lumentum (LITE) surged over 6%; Applied Optoelectronics (AAOI) jumped more than 5%; Coherent (COHR) gained over 4%. Crypto-related stocks: Circle (CRCL) rose over 4%; Coinbase (COIN) climbed more than 4%; Strategy advanced over 3%.
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