U.S. stocks closed, with the Dow rising by 0.05%, the Nasdaq rising by 1.26%, and the S&P 500 Index rising by 0.74%. Most tech stocks rose, with TSL up nearly 10%, Nvidia up over 4%, Micron Technology up more than 3%, and Meta, Broadcom, and AMD up over 2%. Intel fell nearly 7%, with Q2 revenue guidance below market expectations, and the company lowered its full-year capital expenditure target.
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U.S. stocks closed, with the Dow rising by 0.05%, the Nasdaq rising by 1.26%, and the S&P 500 Index rising by 0.74%. Most tech stocks rose, with TSL up nearly 10%, Nvidia up over 4%, Micron Technology up more than 3%, and Meta, Broadcom, and AMD up over 2%. Intel fell nearly 7%, with Q2 revenue guidance below market expectations, and the company lowered its full-year capital expenditure target.