Reported 11 months ago
On Monday, the US stock market closed higher as the S&P 500 and Nasdaq indices reached record highs with Nvidia's stock rising 0.75% on its first trading day post-split. Despite Apple unveiling its AI strategy at WWDC, the market response was unfavorable, leading to a 1.9% drop in stock price. Other semiconductor stocks saw gains, with Micron rising 2.96% and Broadcom up by 2.41%, while AMD decreased by 4.49%. Additionally, TSMC ADR increased by 2.29% to $168.16, and tech giants like Meta, Amazon, Microsoft, and Alphabet closed higher, except for Apple, which ended 1.91% lower at $193.12. The Dow Jones Industrial Average rose 0.18%, the S&P 500 increased by 0.26%, and the Nasdaq rose by 0.35%, while the Philadelphia Semiconductor Index surged by 1.42%.
Source: YAHOO