US stocks closed higher, with the Dow up about 1% and reaching new all-time highs. What's behind this rally? The continued surge in AI concepts has become the main driver. Chip stocks collectively surged, becoming one of the recent market focal points. Additionally worth noting is the biotech sector, with stocks like Moderna also showing strong performance. Overall, the market's enthusiasm for technological innovation and emerging sectors continues to build momentum. The demonstration effect this market sentiment could have across the entire risk asset class is worth investors' careful consideration.
US stocks closed higher, with the Dow up about 1% and reaching new all-time highs. What's behind this rally? The continued surge in AI concepts has become the main driver. Chip stocks collectively surged, becoming one of the recent market focal points. Additionally worth noting is the biotech sector, with stocks like Moderna also showing strong performance. Overall, the market's enthusiasm for technological innovation and emerging sectors continues to build momentum. The demonstration effect this market sentiment could have across the entire risk asset class is worth investors' careful consideration.