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U.S. stocks closing review: Nasdaq rises for the 11th consecutive day to a new high, large-cap tech stocks mostly up, Tesla up over 7%
Mars Finance News: On April 16, U.S. stock three major indices closed mixed, with the Nasdaq up 1.59%, marking 11 consecutive trading days of gains and reaching a new closing high. During these 11 days, the total increase exceeded 15%. The S&P 500 index rose 0.8% to a record high, while the Dow Jones fell 0.15%. Large-cap technology stocks mostly rose, with Tesla up over 7%, Microsoft and Broadcom up over 4%, Apple up nearly 3%, Nvidia, Google, and Meta up over 1%. Cryptocurrency concepts, AI software applications, and automobile manufacturing led the gains, with Figma and Robinhood up over 10%, Datadog up over 9%, Coinbase and Lotus up over 6%. Gold and U.S. infrastructure stocks declined the most, with Coeur Mining down over 7%, Kinross Gold down over 5%, and Caterpillar down over 3%. Allbirds surged 582% after announcing a shift toward AI computing infrastructure. The Nasdaq China Golden Dragon Index rose 0.75%, marking its fourth consecutive day of strength; among popular Chinese concept stocks, Canaan Creative gained 7.5%, Ctrip, Baidu, and NetEase rose over 2%, Alibaba up over 1%, Li Auto down 3%, and NIO down over 2%. (Kebao News Report)