Odaily Planet Daily report: According to data from MSX.COM, the U.S. stock market closed with a significant rally in the optical communications sector—Coherent rose over 13%, Credo over 8%, Lumentum over 6%, Corning over 5%, and Marvell Technology over 3%. Additionally, major tech stocks broadly advanced, with SpaceX rising over 15%, NVIDIA and Tesla up over 2%, and Microsoft, Apple, Amazon, and Meta posting modest gains.
U.S. tech and optical communication stocks surge, Coherent rises over 13%
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Summary
The Fear & Greed Index reached a new high as U.S. tech and optical communication stocks surged. Coherent rose over 13%, Credo more than 8%, Lumentum over 6%, Corning over 5%, and Marvell over 3%. SpaceX climbed over 15%, while NVIDIA and Tesla gained over 2%. Major names such as Apple, Microsoft, Amazon, and Meta posted smaller gains. The crypto market remains closely monitored amid broader risk-on sentiment.
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