US stocks closed: Nasdaq rose more than 1%, Stargate concept stocks led the gains

2025-01-23 05:01:27

U.S. stocks closed on Wednesday, with the Dow Jones Industrial Average initially closing up 0.3%, the S&P 500 up 0.6%, and the Nasdaq down 1.28%. Stargate concept stocks rose across the board, with Arm (ARM.O) up 16%, Oracle (ORCL.N) up 6.7%, Nvidia (NVDA.O) and Microsoft (MSFT.O) up 4%. The Nasdaq China Golden Dragon Index closed down 0.66%, Alibaba (BABA.N) up 1%, Li Auto (LI.O) and Bilibili (BILI.O) down more than 4%.

Oracle Nvidia AR microsoft Li Auto Alibaba

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