Three Major U.S. Stock Indices Post Collective Gains, Arm Soars Over 16%
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Author:小编   

On March 25th, the three principal U.S. stock indices concluded the trading session with collective increases. Specifically, the Dow Jones Industrial Average climbed by 0.66%, the Nasdaq Composite Index advanced by 0.77%, and the S&P 500 Index rose by 0.54%. The majority of leading technology stocks witnessed an uptick, with Arm experiencing a remarkable surge of over 16%. Amazon also saw a notable rise of over 2%, while Netflix and Nvidia both increased by more than 1%. Tesla, Apple, Google, and Meta posted modest gains, whereas Microsoft encountered a slight downturn. Among the popular Chinese American Depositary Receipts (ADRs), the majority trended upwards, with JD.com soaring over 8%. Pinduoduo and iQIYI each rose by more than 4%, Alibaba increased by over 3%, and Baidu went up by over 2%. Bilibili and Li Auto both registered gains of over 1%, while Tencent Music experienced a slight decline of over 1%. On the news front, Arm unveiled its self-developed data center CPU, which has been embraced by Meta as its inaugural batch of users. Concurrently, RBC raised its target price for Arm to $175.