U.S. Stocks Close Higher: Nasdaq +1.60% to 25,466 and S&P 500 +1.31% as CoreWeave Soars 24.7% to Lead Super Intelligence (SI) Names
U.S. stocks closed higher across the board on Wednesday, November 11. The Nasdaq Composite rose 400.31 points, or 1.60%, to 25,466.19; the S&P 500 gained 98.45 points, or 1.31%, to 7,619.38; and the Dow Jones Industrial Average added 254.60 points, or 0.49%, to 52,486.49. The Russell 2000 rose 0.88% to 2,846.26.
Super intelligence (SI) and chip stocks led the advance. Cloud computing company CoreWeave soared 24.7% after its earnings, reviving confidence in SI infrastructure spending, and Micron Technology rose about 12%. The S&P 500 technology sector gained 2.7%, the best of the index's 11 sectors. According to the Associated Press, the S&P 500 now sits about 2.6% below its record closing high of 7,819.04 set on October 6.
The rebound followed a lower close in the previous session, when hotter-than-expected October inflation data weighed on stocks. The U.S. bond market was closed for Veterans Day, leaving no fresh Treasury yield signal; the VIX fear gauge fell 10.12% to 17.49. In energy, Brent crude rose 1.39% to $92.76 a barrel and U.S. WTI crude gained 0.57% to $86.53.
Source: Associated Press
Published by GSM · USA (original Chinese edition)
Photo: 图：纽约证券交易所大楼。Kimon Berlin摄，CC BY-SA 3.0，经Wikimedia Commons。 / Image: The New York Stock Exchange building. Photo by Kimon Berlin, CC BY-SA 3.0, via Wikimedia Commons.
