On June 26, 2025, the U.S. stock market showed an upward trend again, with all three major indices rising. The S&P 500 closed with a gain of 0.80%, the Dow Jones Industrial Average rose by 0.94%, and the Nasdaq Composite climbed 0.97%. This widespread upward trend reflects the optimistic sentiment among investors.

Tech giants played an important role in this surge. Meta Platforms performed particularly well, with its stock price rising by 2.46%. Amazon followed closely with an increase of 2.42%. Google's Class A shares also did not lag behind, rising by 1.68%. Microsoft also performed well, with an increase of 1.05%. Notably, Nvidia hit a new closing high for the second consecutive trading day, closing at $155.02, with an increase of 0.46%. However, not all tech giants showed an upward trend; Apple fell slightly by 0.28%, while Tesla dropped by 1.11%.

Chinese technology companies have also attracted attention in the US stock market. Although the Nasdaq Golden Dragon China Index fell by 0.29% overall, Xiaomi's performance was particularly outstanding. Xiaomi's American Depositary Receipts (ADRs) surged nearly 10%, a rise attributed to the pre-orders for its new product YU7 exceeding expectations, demonstrating the company's significant progress in product innovation and market acceptance.

At the same time, the market volatility index VIXY fell by 0.42%, closing at 47.19 points, reflecting an increase in investor confidence in the market outlook.

Overall, this trading day showcased a strong performance from technology stocks, particularly from companies leading in areas such as AI and cloud computing. However, the market also displayed some differentiation, with the performance of certain traditional tech giants appearing somewhat sluggish. Xiaomi's outstanding performance provides new evidence of the competitiveness of Chinese tech companies in the global market. Investors need to closely monitor these trends and their potential impact on the overall market direction.