The three major U.S. stock indices all closed higher last Friday, with the Nasdaq up 1.71%, gaining 4.51% over the week; the S&P 500 rose 0.84%, up 2.33% for the week; the Dow Jones increased 0.02%, up 0.22% for the week; the Philadelphia Semiconductor Index surged 5.51%, with an 11.14% weekly gain. Among them, the Nasdaq and S&P 500 have risen for six consecutive weeks, marking the longest streak since October 2024, reaching new highs. Storage chip stocks led the gains, with SanDisk up over 16%, Micron Technology up over 15%, Intel nearly 14%, and AMD over 11%, all hitting new highs. ASML rose about 5%, hitting a record high, becoming the first European company with a market value exceeding $600 billion.


Financial markets are the tools that can most quickly achieve shared prosperity and shared debt!
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