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On December 19 (local time), all three major U.S. stock indices experienced a collective upswing. The Dow Jones Industrial Average climbed by 0.14%, the Nasdaq Composite surged by 1.38%, and the S&P 500 index advanced by 0.79%. In a broad-based rally, large-cap technology stocks generally ascended, with Tesla's shares soaring more than 3%, and both Amazon and Meta (formerly Facebook) seeing increases exceeding 2%. Leading the charge in sector-specific gains were memory concepts, semiconductor equipment, and materials, with companies like Micron Technology witnessing significant stock price hikes. Conversely, sectors such as oil and gas energy, cryptocurrencies, and precious metals faced declines, with stocks like U.S. Energy and British Petroleum experiencing downturns.
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