All three major US stock indices closed higher, reaching new all-time highs. The Nasdaq Composite Index rose 1.15%, bringing its weekly gain to 2.31%. The Dow Jones Industrial Average rose 1.01%, bringing its weekly gain to 2.2%. The S&P 500 rose 0.79%, bringing its weekly gain to 1.92%. The semiconductor sector led the gains, with AMD rising over 7% and Micron up over 6%. Large technology stocks mostly rose, with Nvidia and Google up over 2%, Amazon and Apple up over 1%, and Microsoft, Intel, and Meta rising slightly. Tesla fell over 3%, and Netflix fell over 1%. The Nasdaq China Golden Dragon Index closed up 0.27%, bringing its weekly gain to 2.4%.