Data compiled by Woofun AI shows that US equity markets opened with broad-based strength, as the Dow Jones Industrial Average climbed 0.77%, the S&P 500 index advanced 1.1%, and the Nasdaq Composite rose 1.56%. This upward momentum was primarily driven by robust performance in the semiconductor sector, where Intel surged 8%, Micron Technology gained 6%, and Marvell Technology increased 4.7%.

Meanwhile, SpaceX shares continued their downward trajectory, declining 2% during the early trading session.