Woofun AI data shows that US equity markets closed higher, with the Nasdaq Composite advancing 1.29%, the S&P 500 rising 0.89%, and the Dow Jones Industrial Index gaining 0.74%. The Philadelphia Semiconductor Index climbed 5.21%, recording its most significant single-day increase since June 22nd.

The storage sub-sector experienced a sharp rally, with Kioxia ADR leading gains at 17%, followed by SanDisk up over 14% and SK Hynix rising more than 13%. Western Digital and Micron Technology both surged over 12%, while Seagate Technology increased by more than 11%.

Additionally, SpaceX shares rose over 3%, breaking a seven-day downward trend.