U.S. stock indexes close higher as AI-related shares rally
Major U.S. indexes rebounded at the close as AI and chip stocks surged; separate premarket MSX.COM updates showed sharp gains in Micron, Marvell, AMD, Broadcom and Arista Networks.
Fact Check
The dedicated source odaily 489653 confirms every element of the claim: the Dow (+1.86%), S&P 500 (+1.75%), and Nasdaq (+2.54%) all closed higher; the VIX fell sharply (-12.51%); and AI/chip names rallied double digits — Micron +11.66%, Arm +11.32%, Marvell +11.13%, Astera Labs +11.07%. The three other supplied links describe a separate, earlier down session, which clarifies that the claim refers to the rebound close and is not contradicted by them.
Summary
U.S. stocks closed higher, reversing the prior session's losses, with the Dow up 1.86%, the S&P 500 gaining 1.75% and the Nasdaq rising 2.54%, while the VIX fell 12.51%, according to MSX.COM data. AI-related shares led the move, including Micron up 11.66%, Arm up 11.32%, Marvell up 11.13% and Astera Labs up 11.07% at the close. A separate MSX.COM premarket update also showed strong gains in AI-linked names, with Micron up more than 11.6%, Marvell more than 11.3%, AMD more than 7.974%, Broadcom more than 3.6% and Arista Networks more than 3.06%.
Terms & Concepts
- VIX: A volatility index widely tracked as a gauge of expected stock market turbulence.
- premarket: Trading activity before regular market hours.
- RWA: Real-world assets represented in tokenized form.