US three major stock indices all closed up over 1% with most popular Chinese stocks rising

People’s Financial News, March 24 — On March 23, local time, the three major U.S. stock indices closed higher across the board. The Dow Jones Industrial Average rose 1.38%, the Nasdaq increased by 1.38%, and the S&P 500 gained 1.15%. Technology stocks generally rose, with Broadcom up over 4%, Oracle and Tesla up more than 3%, Amazon up over 2%, and Nvidia, Meta, and Apple each up over 1%. Storage concept stocks declined, with Micron Technology down over 4%. The Nasdaq China Golden Dragon Index increased by 0.86%. Most popular Chinese concept stocks rose, with XPeng Motors up over 7%, NIO up 7%, and Alibaba up nearly 3%.

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