The Nasdaq and Dow Jones opened over 1% higher, with major technology stocks rising across the board.
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Glonghui March 25|Signs of easing tensions in the Middle East have appeared, and all three major U.S. stock indexes opened higher. The Nasdaq rose 1.16%, the S&P 500 index rose 0.96%, and the Dow Jones rose 1.15%. Nvidia rose 1.8%, Meta and Oracle both rose 1.2%, and Trump plans to appoint Jensen Huang, Mark Zuckerberg, and Larry Ellison to the Technology Advisory Council. Tesla rose over 2%, and Elon Musk stated that Optimus 3 production could begin this summer with mass production expected next year. Arm rose over 11% and will sell its own chips for the first time, with expected annual revenue of around $15 billion within five years. Intel rose 5.4%, AMD rose over 4%, and reports state that both chip manufacturers will increase prices across their entire CPU product lines. (Glonghui)
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