US Stocks Rally as Major Indices Post Over 1% Gains

The Dow, S&P 500, and Nasdaq climbed sharply, with Apple nearing a $4 trillion valuation and the Golden Dragon index rising over 2%.

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Terms & Concepts
  • Market Capitalization: The total market value of a company's outstanding shares, calculated by multiplying share price by number of shares.
  • Golden Dragon Index: An index tracking U.S.-listed Chinese companies, often used to gauge performance of Chinese equities traded in the U.S.