Trending Sectors | Chip, EV, and Retail Stocks Shine Amid Mixed Tech and Energy Performance

【Major U.S. Stock Indices】

All three major U.S. stock indices closed higher, with the S&P 500 up 0.53% to 5948.71 points; the Dow Jones Industrial Average up 1.06% to 43870.35 points; and the Nasdaq slightly up by 0.03% to 18972.42 points. Overall, market sentiment was relatively positive, with the Dow's notable increase reflecting investor preference for blue-chip stocks.

【Performance of Leading Tech】

Among the seven U.S. tech giants, Microsoft rose 1.00% driven by Citi's maintained buy rating, while Apple gained 0.59% due to plans to enhance Siri with more advanced models. Nvidia fell 3.22%, despite strong earnings that failed to entirely impress the market. Amazon was down 0.64%, possibly related to its substantial investment in AI startup Anthropic. Google A dropped 1.71% amid proposals for breakup by the U.S. Justice Department. Meta decreased by 0.70%, while Tesla saw a significant increase of 3.80% as it continued to benefit from advancements in autonomous driving technology.

【AI and Chip Sector】

Nvidia, as a leader in the AI sector, saw its stock price fall by 3.22% despite strong recent earnings. In the chip sector, SMCI defied the trend with an 11.62% increase, reflecting investor optimism about its future growth. Arm Holdings rose 2.14%, while Micron Technology slightly declined by 0.12%. Chip manufacturer TSMC fell 0.61%, but Intel and Qualcomm rose by 0.25% and 0.86%, respectively, indicating sustained market interest in chip demand.

【Electric Vehicles and Weight Loss Drugs】

In the electric vehicle sector, Tesla led the rise with a 3.80% increase, continuing advancements in the fields of autonomous driving and robotics. New energy vehicle stocks mostly fell, with Li Auto down 1.42%, while Nio and Zeekr rose 2.98% and 1.36%, respectively. In the weight loss drug sector, Novo Nordisk gained 2.38%, possibly due to progress in new product development, while Eli Lilly slightly fell by 0.29%.

【Oil, Gold, and Cryptocurrency】

The oil sector showed mixed performance, with ExxonMobil slightly down by 0.12%, while Occidental Petroleum and Chevron rose by 0.76% and 0.44%, respectively. Gold stocks generally rose, with Barrick Gold and Newmont slightly up by 0.66% and 0.14%, respectively. Cryptocurrency-related stocks performed strongly, with MicroStrategy up 6.19%, reflecting market optimism about Bitcoin surpassing the $100,000 mark.

【Other Sectors and Summary】

Retail stocks generally strengthened, with Walmart and Target rising by 2.32% and 2.81%, showing a solid recovery in the consumer market. Vaccine stocks broadly gained, with Moderna surging 7.48%, possibly related to market expectations for vaccine demand. In summary, despite market uncertainties, investor sentiment remained positive, with both tech stocks and traditional sectors performing well. Investors are advised to monitor policy changes affecting the broader market, as well as the latest moves by tech giants and their potential impact on the market.