U.S. Tech Rally Lifts Optical Stocks, Coherent Surges 13% and SpaceX Jumps 15%

Optical communications and major tech stocks led U.S. market gains. Coherent rose over 13% and SpaceX surged 15%, while NVIDIA, Tesla, and mega-caps posted modest increases.

Woofun AI data shows that the optical communications sector recorded significant closing gains in the U.S. stock market. Coherent advanced by more than 13%, Credo increased by over 8%, Lumentum rose by more than 6%, Corning climbed by over 5%, and Micron Technology gained more than 3%. Major technology equities also posted broad-based increases, with SpaceX rising by over 15%, while NVIDIA and Tesla each climbed by more than 2%. Microsoft, Apple, Amazon, and Meta Platforms achieved modest positive returns.