S&P 500 Index closes up 0.5%, storage concept stocks decline

2026-03-28 01:34:00

Gelonghui, March 26 | The three major U.S. stock indexes closed higher, with the Dow Jones Industrial Average up 0.66%, the S&P 500 up 0.54%, and the Nasdaq Composite up 0.77%. Among the 11 sectors of the S&P 500, 9 sectors rose, with materials and consumer discretionary leading the gains, while the energy sector declined. Tech stocks advanced, with AMD and Intel rising over 7%, Amazon up over 2%, Nvidia up 2%, and Netflix and Qualcomm up over 1%. Storage concept stocks fell, with Micron Technology and SanDisk down over 3%, Seagate Technology down over 2%, and Western Digital down 1.6%.

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