The three major U.S. stock indexes collectively closed higher, with SK Hynix rising more than 27%
On July 14, local time, the three major U.S. stock indexes collectively closed up. The Dow rose 0.02%, the Nasdaq rose 0.9%, and the S&P 500 rose 0.38%. Most large technology stocks rose, and storage concept stocks rose sharply. SK Hynix rose more than 27%, closing at a 51% premium over Korean listed stocks. SanDisk rose more than 5%, Micron Technology rose nearly 5%, and Nvidia and Intel rose more than 4%.
On July 14, local time, the three major U.S. stock indexes collectively closed up. The Dow rose 0.02%, the Nasdaq rose 0.9%, and the S&P 500 rose 0.38%. Most large technology stocks rose, and storage concept stocks rose sharply. SK Hynix rose more than 27%, closing at a 51% premium over Korean listed stocks. SanDisk rose more than 5%, Micron Technology rose nearly 5%, and Nvidia and Intel rose more than 4%. Semiconductors, cryptocurrency concept stocks, computer hardware, metals and mining sectors all rose. Conte Technology rose by more than 9%, Dell Technology rose by more than 7%, Strategy rose by nearly 6%, Quantum and Southern Copper rose by more than 4%, Silver America Corporation rose by nearly 4%, Applied Materials rose by more than 3%, ASML and Coinbase rose by more than 2%. Medical equipment and weight loss drugs fell, with Abbott falling more than 3% and Eli Lilly falling more than 2%. IBM closed down 25%, evaporating nearly $70 billion in market value. (