US Stocks Rally as AI Sector Surges! Nasdaq Skyrockets by 348 Points
US tech stocks reported earnings, with Meta and Microsoft exceeding expectations, leading to a substantial rise in US stocks on Thursday (May 1). As of 10:40 PM Taipei time, all four major indices showed significant gains. The Dow Jones rose by 148.73 points to reach 40,931.73, while the tech-heavy Nasdaq surged by 348.39 points, a 2.00% increase, reaching 17,794.74.
Notable stocks included Meta, rising by 5.17%, Microsoft climbing by 9.09%, and Nvidia up by 3.92%. TSMC's ADR also rose by 3.65%. Tech stocks generally outperformed other sectors.
