Overall Market Performance
In the latest trading session, all three major U.S. stock indices rose, indicating improved market sentiment. The Dow Jones Industrial Average climbed 1.05%, while the S&P 500 and Nasdaq Composite gained 0.54% and 0.56%, respectively.
Most Tech Stocks Advance
The technology sector stood out, with several high-profile stocks rising. Intel's share price surged nearly 5%, and both Apple and AMD gained over 4%. Additionally, Alphabet (Google) and Amazon each rose more than 1%.
Decline in Cryptocurrency-Linked Equities
In contrast to the strength in tech stocks, equities tied to cryptocurrencies generally declined. Trading platform Robinhood fell over 9%, Circle dropped nearly 8%, and Coinbase saw a decline exceeding 3%.
- Dow Jones Gain: 1.05%
- S&P 500 Gain: 0.54%
- Nasdaq Gain: 0.56%
- Intel Gain: Nearly 5%
- Robinhood Loss: Over 9%