In the early session of the US stock market, the Dow Jones soared over 460 points, while the Nasdaq fell, with AMD rising over 6%

AASTOCKS
2025.11.12 14:34

Driven by the rebound in technology stocks, U.S. stocks rose on Wednesday, with the Dow Jones Industrial Average hitting a new high, rising more than 460 points at one point, an increase of nearly 1%. The S&P 500 index saw a slight increase, while the Nasdaq index, which had a strong surge last Friday, opened high but then fell.

Goldman Sachs (GS.US), JPMorgan Chase (JPM.US), and American Express (AXP.US) reached new highs, while UnitedHealth Group (UNH.US) also rose by 4%, collectively boosting the Dow.

In the semiconductor sector, Advanced Micro Devices (AMD.US) saw its stock price surge over 6%. CEO Lisa Su stated that the company expects the market size for artificial intelligence data center components and systems to reach $1 trillion by 2030, and noted that the demand for AI chips is limitless, which will drive overall revenue growth for the company. Major chip stock NVIDIA (NVDA.US) remained flat.

The healthcare sector performed the best, with Eli Lilly (LLY.UJS) hitting a 52-week high, rising over 2%, and Johnson & Johnson (JNJ.US) increasing by 0.3%.

Market attention is focused on the situation in Washington, D.C., as the U.S. federal government is expected to reopen as early as this week. The Senate passed a temporary funding bill on Monday night, which is now up for a vote in the House of Representatives, expected to take place at 7 PM Eastern Time

Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.