Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<US>3 Key US Stock Indices Pick Up; Nasdaq, S&P 500 Up 1%+
Recommend 3 Positive 14 Negative 2 |
||||
|
||||
|
US President Donald Trump on Monday called for international assistance to address the crisis in the Strait of Hormuz. However, Germany and the UK reportedly declined the calling. US stocks rebounded on Monday. The three major indices initially rose more than 1%, but gains shrank later. The Nasdaq closed up 268 points or 1.2% at 22,374. The DJIA leaped 387 points or 0.8% to close at 46,946. The S&P 500 added 67 points or 1% to 6,699. The Global AI Conference opened on Monday, with NVIDIA (NVDA.US) projecting that its Blackwell and Rubin chips will generate at least USD1 trillion in revenue by the end of 2027, shoring up its stock by 1.7% at close. Micron (MU.US) plans to build a second manufacturing plant in Taiwan, with the stock soaring about 4%. US Treasury Secretary Scott Bessent clarified that it is unlikely for the US Treasury or other government departments to intervene to suppress oil prices. Meanwhile, the US allowed Iranian oil tankers to pass through the Strait of Hormuz to ensure global energy supply. Chevron (CVX.US) held sturdy. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
