US stocks closed mixed on the day, with the Dow, S&P 500, and Nasdaq all edging lower. However, AI stocks rallied, led by Astera Labs which gained 9.75%. Other AI-related names like KLA, Marvell, Micron, and CoreWeave also posted strong gains. The data comes from MSX, a leading RWA trading platform that offers tokenized versions of major US stocks and ETFs.
US Stocks: AI Stocks Rally Despite Market Dip
MSX.COM data showed a split finish for US stocks. The Dow Jones Industrial Average lost 0.51%, the S&P 500 fell 0.38%, and the Nasdaq Composite edged down 0.29%. The VIX volatility index climbed 1.47%, a sign that risk aversion had picked up.
But AI stocks went the other way. They rose across the board. Astera Labs paced the move with a 9.75% jump, KLA Corporation gained 7.32%, Marvell Technology added 7.05%, Micron Technology rose 6.1%, and CoreWeave climbed 5.68%.
MSX, described as a leading RWA (Real World Assets) trading platform, has listed hundreds of RWA tokens. That includes tokenized versions of widely traded US stocks and ETFs such as NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD. Investors can use the platform to trade tokenized equities.
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