Letsnewz.

Letsnewz.

TSMC ADR Rises 3.8%! U.S. Stock Indices Surge, Philly Semiconductor Index Up by 149 Points, Apple Plunges 3.74% Due to Tariff Concerns

TSMC ADR Rises 3.8%! U.S. Stock Indices Surge, Philly Semiconductor Index Up by 149 Points, Apple Plunges 3.74% Due to Tariff Concerns

Recent reports suggest that President Trump may initiate trade negotiations with China, combined with strong employment data from the U.S., spurred a robust close for U.S. stocks on Friday (2nd), ending the week on a high note. All four major U.S. stock indices closed in the green, with the Dow Jones Industrial Average rising by 1.39%, the Nasdaq up 1.51%, and the Philadelphia Semiconductor Index climbing 3.52%.

Among the tech giants, Apple (AAPL-US) fell by 3.74% to close at $205.35 due to disappointing sales in Greater China and fears over rising costs from tariffs, while Meta (META-US) surged 4.34% to close at $597.02.

In the Philadelphia Semiconductor Index, NVIDIA (NVDA-US) rose 2.59% to $114.5, Broadcom (AVGO-US) was up 3.2% at $203.64, Qualcomm (QCOM-US) increased by 3.4% to $139.81, AMD (AMD-US) gained 2.22% at $98.8, and TSMC ADR (TSM) climbed 3.80% to $179.28.

On Friday (2nd), the closing performance of the four major U.S. indices was as follows: The Dow Jones Industrial Average rose 564.47 points to finish at 41,317.43; the S&P 500 increased by 82.53 points to 5,686.67; the Nasdaq rose by 266.99 points to 17,977.73; and the Philadelphia Semiconductor Index was up by 149.396 points, closing at 4,397.055.