U.S. stocks reach new highs as Dow and S&P 500 surge

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U.S. stocks reached new highs on Tuesday, August 5, as the Dow and S&P 500 surged amid a shift in the Fear & Greed Index. The Dow increased by 1.7%, the S&P 500 rose 1.73%, and the Nasdaq gained 2.59%. On-chain data indicated strong buying momentum in technology and memory stocks: SK Hynix jumped 8%, Micron rose 7.6%, SanDisk surged 10.8%, and SpaceX climbed 9.4%.

BlockBeats news: On Tuesday, August 5, U.S. markets closed with the Dow Jones Industrial Average up 1.7%, the S&P 500 up 1.73%, and the Nasdaq up 2.59%, with the first two reaching all-time highs.


SK Hynix (SKHY.O) rose 8%, Micron Technology (MU.O) rose 7.6%, SanDisk (SNDK.O) rose 10.8%, NVIDIA (NVDA.O) rose over 2%, and SpaceX (SPCX.O) rose 9.4%.

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