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The three major US stock indices have recently surged across the board, with the Dow Jones Industrial Average reaching a record high. At the close, the Dow rose 594.79 points to 48,977.18, a 1.23% increase; the S&P 500 index gained 43.58 points to close at 6,902.05, up 0.64%; and the Nasdaq Composite rose 160.19 points to 23,395.82, an increase of 0.69%.
The technology sector performed remarkably well, with Tesla up over 3%, Amazon close behind with nearly 3%, Meta up over 1%, and Netflix and Google also seeing slight gains. However, Apple declined over 1 against the trend, while Microsoft, Nvidia, and Intel saw small declines.
Financial stocks collectively strengthened, with several large banks hitting record highs—Goldman Sachs up 3.73%, JPMorgan Chase up 2.63%, Morgan Stanley up 2.55%, and Bank of America up 1.68%. The energy sector generally rose, with Chevron up over 5%, ExxonMobil and ConocoPhillips both gaining more than 2%.
Most Chinese concept stocks rose, with the Nasdaq Golden Dragon China Index up 0.49%. Among them, KE Holdings surged over 6%, Bilibili and Tencent Music gained over 3%, and Manbang, Bawang Tea, and others increased over 2%. However, NIO dropped sharply by over 5%, and XPeng Motors and New Oriental declined by more than 1%.
European stock markets also showed gains, with France's CAC40 index up 0.2% to 8,211.5 points; Germany's Frankfurt DAX index rose 1.34%, closing at 24,868.69 points.