US stocks close higher Friday as S&P 500 sets a fresh closing high, SpaceX jumps 15.8%

US stocks close higher Friday as S&P 500 sets a fresh closing high, SpaceX jumps 15.8%

N
News Editor
2026-08-08 00:36:20
U.S. stocks finished higher on Friday, according to market data from BIT (bit.com), with all three major indexes ending in positive territory. The Dow Jones Industrial Average rose 0.28%, the S&P 500 gained 0.6% and closed at a record high, while the Nasdaq advanced 1.3%. Among individual names, SpaceX (SPCX.O) posted the biggest move in the group, climbing 15.8%. Qualcomm (QCOM.O) added 4.6%, and Nvidia (NVDA.O) rose 2.2%. In contrast, memory-related stocks were mostly lower, with SK Hynix (SKHY.O) down nearly 4% and Micron Technology (MU.O) slipping 0.4%. Optical communications shares were broadly stronger, led by Applied Optoelectronics (AAOI.O), up 9%. Lumentum (LITE.O) gained 6.2%, Corning (GLW.N) rose 5.4%, and Marvell Technology (MRVL.O) added 3.8%.

U.S. stocks closed higher on Friday, according to market data from BIT (bit.com). The Dow Jones Industrial Average rose 0.28%, the S&P 500 gained 0.6% and set a new closing high, and the Nasdaq climbed 1.3%.

Individual stock moves

SpaceX (SPCX.O) jumped 15.8%. Qualcomm (QCOM.O) rose 4.6%, while Nvidia (NVDA.O) added 2.2%.

Memory names mostly lower

Memory-related stocks mostly declined. SK Hynix (SKHY.O) fell nearly 4%, and Micron Technology (MU.O) slipped 0.4%.

Optical communications shares gain

Optical communications stocks moved higher, with Applied Optoelectronics (AAOI.O) up 9%, Lumentum (LITE.O) rising 6.2%, Corning (GLW.N) gaining 5.4%, and Marvell Technology (MRVL.O) adding 3.8%.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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