News
The NASDAQ 100 Index closed up 2.2% preliminarily, with ARM, a component stock, up approximately 10%, NVIDIA up 8% ranking second, Broadcom, ASML, and AMD up at least 5%, while energy stock FANG fell 1.5% ranking second to last. The S&P 500 Index closed up approximately 1% preliminarily. After the release of the U.S. CPI, the technology sector rose by 3.2%, consumer discretionary and telecommunication sectors rose by over 1%, and the energy sector fell by 0.8%. American Express and Intel rose by over 3%, leading the Dow Jones Industrial Average component stocks