U.S. Stocks Rally on Monday; Semiconductor Stocks Lead Gains With Up to 7% Surge

US300.49%
US5000.55%

According to Jin10, U.S. stock indices rose on Monday, July 7. The Dow Jones Industrial Average gained 0.3%, the S&P 500 index advanced 0.7%, and the Nasdaq Composite surged 1.1%. Semiconductor stocks led gains, with Western Digital rising 7%, Broadcom up 3.7%, and ASML climbing 3%. Micron Technology and Intel each gained around 1%.

The Nasdaq Golden Dragon China Index closed up 1.7%, while NIO (Nio Inc.) advanced 4.7%.

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