U.S. Stock Market Rises! All Four Major Indices Up, TSMC ADR Jumps 2.4%, NVIDIA Surges 2.48%
Former President Trump stated that he plans to reimplement "reciprocal" tariffs within the next two to three weeks, a move that could escalate the global trade war again, as investors continue to watch for signs of progress in global trade.
Today (24th), the four major U.S. indices opened higher. As of 10:20 PM Taiwan time, the Dow Jones Industrial Average was up 127.73 points, or 0.32%, reaching 39,734.30 points; the S&P 500 index was up 50.92 points, or 0.95%, at 5,426.78 points; the tech-heavy Nasdaq index rose by 246.30 points, or 1.47%, to reach 16,954.35 points; and the Philadelphia Semiconductor Index increased by 116.82 points, or 4.19%, to reach 4,150.74 points.
Regarding individual stocks, NVIDIA rose by 2.55, or 2.48%, bringing its price to 105.26; Tesla increased by 6.43, or 2.57%, to a price of 257.17; and TSMC ADR rose by 3.79, or 2.40%, reaching 161.60.
