U.S. stocks closed mixed on Thursday. The Dow Jones Industrial Average rose 1.1% to a new closing high, while the S&P 500 edged lower and the Nasdaq fell 0.8%. Tech stocks faced broad declines: Micron fell 5.4%, SanDisk plunged 14%, Intel dropped 5%, Seagate and Western Digital both slipped around 10%. Apple bucked the trend, surging 4.8%, while Meta dropped nearly 5%. In Chinese ADRs, the Nasdaq Golden Dragon China Index fell 1.77%, with Baidu and XPeng both down about 4%.
U.S. Market Close: Dow Alone Rises as Tech Diverges
According to Gate exchange data, U.S. stocks closed with a mixed performance on Thursday. The Dow Jones Industrial Average preliminarily rose 1.1%, extending its record closing high. The S&P 500 was flat to slightly lower, while the Nasdaq Composite fell 0.8%. Tech stocks were broadly under pressure: Micron Technology dropped 5.4%, SanDisk plunged 14%, Intel declined 5%, and Seagate Technology and Western Digital both fell around 10%. Apple bucked the trend, gaining 4.8%, while Meta Platforms slid nearly 5%. Among Chinese ADRs, the Nasdaq Golden Dragon China Index fell 1.77%, with Baidu and XPeng both down about 4%.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
