US Major Indexes Rise as Storage Stocks Surge Up to 13.6%

Dow, S&P 500, and Nasdaq close higher while storage sector leads gains. Micron, SanDisk, and SK Hynix rally, contrasting with declines in Alibaba and JD.com.

Woofun AI reports that U.S. equity markets closed higher on Thursday, with the Dow Jones Industrial Average up 0.13%, the S&P 500 rising 0.65%, and the Nasdaq Composite gaining 0.8%. The storage sector drove significant outperformance, as Micron advanced 4%, SanDisk jumped 13.6%, and SK Hynix climbed 7%. Conversely, the Nasdaq Golden Dragon China Index fell 1.85%, weighed down by a 2% drop in Alibaba and a 7% decline in JD.com.