Markets Rally as Tech Sector Gains Momentum
US stock markets kicked off the day on a strong note, with the Dow Jones rising 0.25%, Nasdaq surging 0.93%, and S&P 500 gaining 0.65%. Investor sentiment improved markedly amid growing market confidence.
Semiconductor Sector Continues Upward Trend
Tech stocks maintained their momentum, with semiconductors and storage companies performing strongly. Micron rose 2.15%, SanDisk gained 1%, Western Digital surged 2.6%, and TSMC added 2%.
Internet and Tech Giants Move Higher
Leading tech and internet companies saw broad gains. Google edged close to a 2% rise, Meta climbed 2.5%, while Alibaba stood out with a notable 4.2% surge.