NASDAQ Closes 3.8% Higher Amid Tech Stock Rebound and Energy Sector Dip
22 hour ago / Read about 0 minute
Author:小编   

In the early hours of April 1 (Beijing Time), the three major U.S. stock indices concluded the trading day with significant gains. The NASDAQ Composite Index surged by 3.83%, while the S&P 500 Index advanced 2.91%, marking its strongest single-day performance since May of the previous year. The Dow Jones Industrial Average also climbed, adding 2.49% to its value. However, when viewed on a monthly basis, all three indices—the NASDAQ, S&P 500, and Dow Jones Industrial Average—registered cumulative declines.

The tech sector experienced a notable rebound, with SanDisk shares soaring over 10%. Western Digital and Intel also saw substantial gains, rising more than 7% each. The airline industry strengthened as well, with the S&P 500 Airlines Index gaining 5.8%, its largest single-day increase since February 6. In contrast, the energy sector faced headwinds, with Chevron's shares declining nearly 2%.