Nokia gains 4.11% as optical-communications stocks lead broader U.S. market moves

  • Nokia rose 4.11% as U.S. markets opened on Sept. 9.
  • The Dow, S&P 500 and Nasdaq fell 0.70%, 0.29% and 0.34%.
  • Optical, memory and semiconductor shares advanced, while neocloud stocks were mixed.

Nokia shares rose 4.11% on Sept. 9 as U.S. trading opened, outperforming declines in the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite. Optical-communications stocks led gains, with Marvell Technology, Astera Labs, Coherent and Lumentum also advancing. Memory shares broadly rose, while semiconductor gains widened, led by Arm and Qualcomm. Neocloud stocks were mixed, with Nebius, Hut 8 and Applied Digital higher while Cipher Digital and Galaxy Digital fell. Nokia’s move adds to investor attention around its planned entry into the EURO STOXX 50 on Sept. 21, replacing Volkswagen preference shares. Earlier premarket data had shown Nokia up 2.44% at $10.91, while a separate market update reported a 4.79% gain.

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