The U.S. stock market opened with a collective upward trend, with all three major indices opening higher. The Dow Jones Industrial Average rose by 0.26%, the S&P 500 increased by 0.79%, and the Nasdaq Composite performed the best, surging by 1.39%, with the technology sector becoming the main driver of the market rally.



In terms of individual stocks, there was a clear divergence. Chip giant Intel (INTC.O) saw its stock price soar, opening up by as much as 11.5%. On the news front, Google placed an order for over 3 million TPUs from Intel, and the large order directly boosted market expectations for Intel’s performance, pushing its stock price higher.

Additionally, American battery technology company (ABAT.O) also delivered impressive performance, opening with a 25.5% surge, becoming another hot target of the day. Overall, market sentiment in the U.S. stock market improved in the early trading hours, with leading stocks in the technology and new energy sectors leading the gains.
SPYX0.36%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned