The three major U.S. stock indices closed higher, with strong performance from chip stocks

According to Gate market data, U.S. stocks closed on Thursday with the Dow Jones Industrial Average initially rising by 0.26%, the S&P 500 index up by 0.8%, and the Nasdaq Composite index up by 1.3%. Micron Technology rose by 4.5%, SanDisk rose by 7.5%, and Western Digital rose by 5%. Meta Platforms rose by 4.7%. The Nasdaq China Golden Dragon Index rose by 0.56%, iQIYI rose by 8.5%, and Alibaba rose by 2%.