On November 11, U.S. stocks ended the session with all three major indices posting gains: the Nasdaq climbed 1.6%, the S&P 500 advanced 1.31%, and the Dow added 0.49%. Most large-cap technology stocks moved higher, with SanDisk surging over 13%, Micron Technology jumping more than 11%, SK Hynix gaining over 9%, and Tesla, Nvidia and Apple each rising more than 2%, while Google gained over 1%. Microsoft fell more than 2%, and Meta and Amazon each dropped over 1%. Popular Chinese concept stocks mostly declined, with NetEase down over 4%, XPeng, Li Auto and Bilibili down more than 2%, JD.com, NIO and Alibaba down over 1%, and Pinduoduo slightly lower. iQIYI rose over 9%, while Baidu edged up marginally.
