US Stock Market Move | Nasdaq continues to hit new highs, star tech stocks are up. NVIDIA Corporation (NVDA.US) rose over 4%.
On Wednesday, all three major US stock indexes rose by over 1%, with the Nasdaq rising by 1.36%, hitting a new all-time high.
On Wednesday, the three major stock indexes in the United States all rose by over 1%, with the Nasdaq rising by 1.36% to hit a new record high. Star technology stocks were generally up, with NVIDIA Corporation (NVDA.US) and Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) both rising by over 4%, Meta (META.US) rising by over 2%, Alphabet Inc. Class CA (GOOGL.US) rising by nearly 2%, Tesla, Inc. (TSLA.US) and Microsoft Corporation (MSFT.US) both rising by over 1%, and Amazon.com, Inc. (AMZN.US) rising by nearly 1%.
In terms of news, reports indicate that the United States and Iran are close to reaching a memorandum to end the war. Former President Trump stated that although it is expected that the US and Iran are close to reaching an agreement to end the conflict, it is still too early to start considering face-to-face peace negotiations between the two countries. A spokesperson for the Iranian Ministry of Foreign Affairs stated that the proposal put forward by the United States is still under consideration by the Iranian side.
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