U.S. stocks closed higher, with the Nasdaq rising over 2%.

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On August 4, U.S. stocks closed higher as the Fear & Greed Index indicated a shift toward optimism. The Dow Jones Industrial Average rose 1.3% to a new closing high, the S&P 500 gained 1.48%, and the Nasdaq surged 2.1%. On-chain data showed strong buying momentum in tech stocks, with Microsoft and Google up nearly 5%, Tesla and NVIDIA rising around 3%, and Meta jumping 6%. SanDisk added 6%, while SK Hynix dipped 0.7%.

Huo Xing Finance reports that on August 4, according to BIT (bit.com) market data, U.S. stocks closed higher on Monday: the Dow Jones Industrial Average rose 1.3%, setting a new closing high; the S&P 500 increased 1.48%, and the Nasdaq Composite gained 2.1%. Among individual stocks, Microsoft (MSFT) and Google (GOOG) rose nearly 5%, Tesla (TSLA) and NVIDIA (NVDA) climbed around 3%, and Meta (META) surged 6%. SanDisk (SNDK) rose 6%, while SK Hynix (SKHY) declined 0.7%.

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