Three Major US Indices Close Higher, Tech Stocks Mixed

TechFlow reported that on November 5, according to Jinshi Data, US stocks closed Wednesday with the Dow Jones Industrial Average initially gaining 3%, the S&P 500 index rising 1.58%, and the Nasdaq Composite gaining 1.44%.

Tech stocks showed mixed performance. Trump Media & Technology Group plummeted 24%, SpaceX and Tesla fell more than 3%, SK Hynix dropped 5%, Micron Technology fell 7%, and Nvidia declined 3%. Apple rose 5%, Amazon gained 6%, and Microsoft climbed 6.6%.

In terms of Chinese concept stocks, the Nasdaq Golden Dragon China Index gained 3.48%, with Alibaba rising 5%.