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U.S. stocks close higher, with Nasdaq up 2.07% and AI-related shares leading gains

The Dow rose 0.59%, the S&P 500 gained 1.18% and the VIX fell 4.13%, while Astera Labs, KLA, Palo Alto Networks, Ambarella and Baidu advanced sharply.

Summary

U.S. stocks finished higher, led by a 2.07% gain in the Nasdaq, while the Dow rose 0.59% and the S&P 500 added 1.18%. The VIX volatility index fell 4.13%, pointing to easing market anxiety. AI-related shares broadly advanced, with Astera Labs up 16.39%, KLA rising 11.97%, Palo Alto Networks gaining 9.14%, Ambarella up 7.85% and Baidu climbing 7.64%. MSX.COM data accompanied the market snapshot, and the platform said MSX has listed hundreds of RWA tokens tied to assets including NVDA, GOOGL, MSFT, AMZN, META, TSM and AMD, as well as ETF-linked tokens.

Terms & Concepts
  • VIX volatility index: A widely watched measure of expected stock-market volatility, often used as a gauge of investor fear or risk sentiment.
  • RWA tokens: Tokenized representations of real-world assets, such as stocks or ETFs, that trade on blockchain-based platforms.