U.S. stocks closed higher, with gains in storage, Neocloud, semiconductor, and optical communication stocks.

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WDC
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The Fear and Greed Index showed slight improvement as U.S. stocks closed mixed on October 20. The Dow Jones fell 0.07%, while the S&P 500 rose 0.41% and the Nasdaq climbed 1.11%. Storage stocks surged, with Western Digital (WDC) up 6.09%, SanDisk (SNDK) up 5.53%, SK Hynix (SKHY) up 4.67%, Seagate Technology (STX) up 3.41%, and Micron Technology (MU) up 2.97%. Neocloud stocks also advanced, with Applied Digital (APLD) up 6.65%, TeraWulf (WULF) up 3.25%, Nebius (NBIS) up 2.88%, IREN up 2.74%, and Core Scientific (CORZ) up 1.85%. Semiconductor stocks rose broadly, with Marvell Technology (MRVL) up 4.06%, Lam Research (LRCX) up 3.13%, Intel (INTC) up 2.43%, TSM up 1.86%, and NVIDIA (NVDA) up 1.38%. Optical communication stocks also gained, with Marvell Technology (MRVL) up 4.06%, Ciena (CIEN) up 3.56%, Applied Optoelectronics (AAOI) up 3.48%, and Credo (CRDO) up 1.83%. The digital asset market experienced fluctuations but remained stable in line with broader market movements.

Huo Xing Finance reports that on October 20, according to BIT (bit.com) market data, U.S. markets closed on Monday with the Dow Jones down 0.07%, the S&P 500 up 0.41%, and the Nasdaq up 1.11%. All storage stocks rose: Western Digital (WDC) increased 6.09%, SanDisk (SNDK) rose 5.53%, SK Hynix (SKHY) gained 4.67%, Seagate Technology (STX) climbed 3.41%, and Micron Technology (MU) advanced 2.97%. Most neocloud stocks rose: Applied Digital (APLD) rose 6.65%, TeraWulf (WULF) gained 3.25%, Nebius (NBIS) increased 2.88%, IREN rose 2.74%, and Core Scientific (CORZ) climbed 1.85%. All semiconductor stocks advanced: Marvell Technology (MRVL) rose 4.06%, Lam Research (LRCX) gained 3.13%, Intel (INTC) increased 2.43%, TSMC (TSM) rose 1.86%, and NVIDIA (NVDA) climbed 1.38%. Most optical communication stocks rose: Marvell Technology (MRVL) increased 4.06%, Ciena (CIEN) gained 3.56%, Applied Optoelectronics (AAOI) rose 3.48%, and Credo (CRDO) advanced 1.83%.

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