The three major U.S. stock indices all closed higher, with the semiconductor sector leading the gains.

The three major U.S. stock indices all closed higher, with the Nasdaq up 1.04%, the S&P 500 up 0.77%, and the Dow Jones up 0.76%. The semiconductor sector led the gains, with AMD rising over 8%, Intel up nearly 6%, and TSMC up over 4%. Most large tech stocks also increased, with Tesla, Netflix, and Apple rising over 2%, Microsoft and Amazon up more than 1%, and Nvidia and Meta slightly higher; Google declined slightly.

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