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The three major U.S. stock indices kicked off the trading day on a bullish note, with the Dow Jones Industrial Average climbing by 0.28%, the Nasdaq Composite Index surging by 0.91%, and the S&P 500 Index advancing by 0.5%. Leading the charge were memory concept stocks, with notable performers including Western Digital, SanDisk, and Seagate Technology, all of which saw their share prices jump more than 4%. Micron Technology also joined the rally, with its stock price rising over 3%. Additionally, Broadcom's shares rose more than 3% following the news that it had reached an agreement with Apple to extend their technological partnership until 2031. Conversely, Strategy's stock tumbled more than 4% after the company disclosed a staggering $8.32 billion loss in digital assets for the second quarter.
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