The US stock market opened quite strong today. The Dow Jones rose 0.35%, the S&P 500 went up 0.28%, and the Nasdaq was even more impressive, surging 0.45%.
Boeing (BA.N) finally had a good day, with its stock price jumping nearly 6%. The main reason is that the Department of Justice’s penalty decision has been postponed until 2026, which gave the market some relief.
Credo Technology (CRDO.O), a company specializing in semiconductor connectivity solutions, was even more remarkable. Its Q2 earnings report smashed expectations—both profit and revenue beat estimates, and the stock price soared 14%. In this tech rally, the chip sector has definitely been the main driver.
By the way, this round of gains in the US stock market is actually related to the overall risk asset sentiment. BTC’s recent performance also shows that risk appetite is picking up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The US stock market opened quite strong today. The Dow Jones rose 0.35%, the S&P 500 went up 0.28%, and the Nasdaq was even more impressive, surging 0.45%.
Boeing (BA.N) finally had a good day, with its stock price jumping nearly 6%. The main reason is that the Department of Justice’s penalty decision has been postponed until 2026, which gave the market some relief.
Credo Technology (CRDO.O), a company specializing in semiconductor connectivity solutions, was even more remarkable. Its Q2 earnings report smashed expectations—both profit and revenue beat estimates, and the stock price soared 14%. In this tech rally, the chip sector has definitely been the main driver.
By the way, this round of gains in the US stock market is actually related to the overall risk asset sentiment. BTC’s recent performance also shows that risk appetite is picking up.