Huo Xing Finance reports: On Tuesday, August 5, U.S. markets closed higher, with the Dow Jones Industrial Average rising preliminary by 1.7%, the S&P 500 up 1.73%, and the Nasdaq Composite gaining 2.59%—all three posting record highs. SK Hynix (SKHY.O) rose 8%, Micron Technology (MU.O) increased 7.6%, SanDisk (SNDK.O) climbed 10.8%, NVIDIA (NVDA.O) gained over 2%, and SpaceX (SPCX.O) surged 9.4%.
U.S. stocks reach new highs as SK Hynix and SpaceX surge
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The Fear and Greed Index surged sharply as U.S. stocks reached new highs on August 5, with both the Dow and S&P 500 setting record levels. SK Hynix (SKHY.O) rose 8%, Micron (MU.O) gained 7.6%, SanDisk (SNDK.O) climbed 10.8%, NVIDIA (NVDA.O) increased over 2%, and SpaceX (SPCX.O) surged 9.4%. On-chain data indicated strong buying momentum across major tech and semiconductor stocks.
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