US stocks close | The three major indices all rose, with the Dow hitting a new closing high, tesla up nearly 4%; the China Golden Dragon Index rose more than 3%, up nearly 12% for the week.
The S&P 500 rose 0.2% for the week, while the Dow was slightly up, the Nasdaq rose 0.1%, the chip index fell 0.2%, and the small cap index fell 0.6%. The S&P energy sector surged over 7% for the week, marking its best performance in nearly two years.
SOX index rose for the third day, with AMD and Amkor Technology Inc. increasing.
Closing Price Change from Previous Day % High Low SOX Index 5206.84 +81.62 1.59 5237.04 5141.12 Philadelphia Semiconductor Index (SOX) rose for the third consecutive day. Individually, Advanced Micro Devices (AMD), Amkor Technology, Broadcom, Lattice Semiconductor, MACOM Technology Solutions, Global.
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Nvidia soared, due to Blackwell and also due to OpenAI, while institutions are actually underweighted?
Huang Renxun said in an interview with CNBC that the upcoming Blackwell AI "super chip" has a "crazy" demand. At the same time, nvidia invested 0.1 billion US dollars in the funding of OpenAI, and the market views this cooperation as a symbolic step, which may enable nvidia to have a deeper understanding of OpenAI's chip procurement plan.