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U.S. stock market closing review: The Nasdaq and S&P 500 indices hit new highs again, Nvidia, Google, and Apple all reached new highs, and the Chinese concept stock index surged by 3.89%.
Mars Finance News, May 14 — The three major U.S. stock indices closed mixed, with the Nasdaq up 1.2%, the S&P 500 up 0.58%, and the Dow down 0.14%. Among them, the Nasdaq and S&P 500 reached new highs. Most large tech stocks rose, with Google up nearly 4%, Meta, Tesla, and Nvidia up over 2%, Apple and Amazon up more than 1%, and Microsoft and Netflix slightly down. Notably, the three largest market cap companies listed globally—Nvidia, Google, and Apple—hit all-time highs. The optical communications sector mostly rose, with Coherent up about 8%, Corning up over 4%, and Lumentum up over 3%. Artificial intelligence cloud service company Nebius Group surged 15.7% after announcing quarterly revenue nearly eight times higher year-over-year. Ford Motor’s stock closed up over 13%, marking its largest gain since 2020. The Nasdaq China Golden Dragon Index soared 3.89%. Among popular Chinese concept stocks, China Internet Plus surged over 25%, Kingsoft Cloud up over 17%, Hesai over 12%, Alibaba over 8%, Baidu, NIO, and JD.com up over 7%, GDS Holdings and Li Auto up over 6%, and Pinduoduo up more than 4%. (Kebao Broadcast)