U.S. stocks closed higher on Wednesday, November 12, with the Dow gaining 0.48%, the S&P 500 rising 1.3%, and the Nasdaq climbing 1.6%. Chip stocks posted strong gains: SanDisk surged 13%, Micron Technology jumped 11.8%, SK Hynix advanced 9.7%, Intel gained more than 7%, and Nvidia rose 2.8%. Apple climbed 2% to a record high. The Nasdaq Golden Dragon China Index slipped 0.8%, while iQIYI rallied 9%.
