Trending Sectors | Tech Giants Soar, AI & Semiconductors Shine, EVs Diverge, Oil Retreats, Retail Mixed

【Major U.S. Stock Indices】

The three major U.S. stock indices rose, with the Dow Jones Industrial Average up 0.3%, the Nasdaq surging 1.45%, and the S&P 500 increasing 0.97%. The overall market was driven by gains in tech stocks, as investors remained optimistic about the upcoming earnings season. Analysts described the current market environment as a "stock picker's paradise," allowing investors to find potential stocks across different sectors.

【Performance of Leading Tech】

The seven major tech giants all saw gains. Microsoft rose 1.26%, Apple increased 1.84%, Amazon gained 1.06%, Alphabet A went up 0.86%, Meta rose 1.39%, and Tesla increased 1.52%. Notably, NVIDIA surged 4.05%, continuing to show strength in the AI sector. Additionally, Apple experienced active options trading, with iPhone 16 Pro sales being a highlight despite weaker performance of basic models. Alphabet faced antitrust challenges that might affect its market dominance.

【AI and Semiconductor Sector】

The AI and semiconductor sectors showed mixed performance. NVIDIA led with a 4.05% increase, expanding in the AI field. SMCI gained attention due to positive news on its liquid-cooled GPU solutions. In chip manufacturing, both TSMC and Intel saw gains, with Intel up 4.20%. The collaboration between NVIDIA and TSMC also brought breakthroughs in chip lithography technology.

【EV and Other Sectors】

In the electric vehicle sector, Tesla performed strongly, with a 1.52% increase, while domestic players like Li Auto and NIO saw significant declines. Oil stocks generally fell, with ExxonMobil and Occidental Petroleum dropping 2.66% and 2.84%, respectively. In the weight loss drug segment, Viking Therapeutics surged 5.82%, while Novo Nordisk had a slight decline.

【Other Notable Sectors】

Retail stocks showed mixed results, with Walmart edging up slightly and Costco benefiting from strong platinum bar sales, rising 1.93%. Among bank stocks, Citigroup bucked the trend, rising 1.02%, while Morgan Stanley and Bank of America saw small declines. Vaccine stocks also varied, with Novavax inching up 0.15%.

【Investment Advice】

In the current market environment, investors should closely monitor the upcoming earnings season and select stocks based on financial performance. Tech stocks, particularly in the AI and semiconductor sectors, continue to hold potential, but investors should be cautious of market volatility. The oil and EV sectors require attention to international developments and technological advancements.