Trump's Reversal and Fed's Dovish Stance Boost Tech Stocks, US Markets Rise

On the 25th, US stocks saw all major indices close in the green. President Trump announced that he would propose a trade agreement in the next 3 to 4 weeks and softened his stance on replacing the Fed Chair. Fed Governor Waller stated that he would support a rate cut if the labor market severely declines. These factors contributed to the continued rise of US stocks, with all major indices showing gains.
The Dow Jones increased by 20.1 points to close at 40113.5; the Nasdaq rose by 216.9 points to 17382.94; the S&P 500 was up 40.44 points to 5525.21; and the Philadelphia Semiconductor Index climbed 43.42 points to 4251.61.
Among the tech giants, Meta rose 2.65% to $547.27; Apple inched up 0.44% to $209.28; and Alphabet increased by 1.47% to $161.96. Microsoft gained 1.17% to $391.85; Amazon rose 1.31% to $188.99; Nvidia surged 4.30% to $111.01; and Tesla soared 9.80% to $284.95 per share.
In Taiwan, ADRs were mixed, with TSMC ADR up 0.56%; ASE ADR rising 1.15%; UMC ADR down 0.43%; and Chunghwa Telecom ADR declining 0.71%.