U.S. Nasdaq Opens Up 0.9% as Memory Stocks Surge

Broad market gains led by Nasdaq's 0.9% rise, while memory chip stocks like SanDisk and SK Hynix posted double-digit percentage jumps in early trading.

Woofun AI data shows that U.S. equities opened higher, with the Nasdaq Composite advancing 0.9%, the S&P 500 rising 0.49%, and the Dow Jones Industrial Index gaining 0.33%. The memory sector outperformed broader indices, driven by significant gains in key hardware manufacturers.

SanDisk shares climbed 6.9%, followed by SK Hynix which gained 5.8%, and Micron Technology advancing 5.5% during the opening session.