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The three major U.S. stock indexes maintained their upward momentum, with the Nasdaq, Dow Jones, and S&P 500 all notching gains. At the forefront of this rally, Tesla emerged as the leader among large-cap tech stocks, closing at $284.82 and surpassing the $917.3 billion market capitalization milestone. Other tech titans, including Intel and Amazon, also exhibited positive momentum. Conversely, Netflix and ARM witnessed share price declines. Chinese stocks shined brightly, with Li Auto and NIO both recording gains exceeding 3%. On the commodities front, international oil prices soared on anticipations of heightened summer demand, while gold prices continued their descent, pressured by the rise in the U.S. dollar index and U.S. Treasury yields.
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