The three major US stock indexes all closed higher, with the Nasdaq up 1.38%, SanDisk up over 11%, and the China Concept Index up 1.76%.

Gelonghui, March 10｜Trump stated that the war with Iran is basically over. All three major U.S. stock indexes closed higher, with the Dow Jones up 0.5%, the Nasdaq up 1.38%, and the S&P 500 up 0.83%. Nvidia rose 2.72%, Google A rose 2.70%, and Apple, Tesla, Meta, and Microsoft all gained at least 0.11%. Storage concept stocks surged, with SanDisk up over 11%, Western Digital up over 6%, and Micron Technology up over 5%. Chip stocks also rose, with ASML and AMD both up over 5%, and Intel and Broadcom both up over 4%. The Nasdaq Golden Dragon China Index closed up 1.76%. Among popular Chinese concept stocks, Kingsoft Cloud rose 19.02%, XPeng rose 6.52%, Bilibili rose 6.04%, Canadian Solar rose 4.69%, Li Auto rose 3.90%, and NIO, Huazhu, and Pony.ai all rose up to 3.35%. Yum China, Baidu, Autohome, JinkoSolar, and Vipshop all gained up to 2.99%. 21Vianet, JD.com, and Alibaba rose between 1.77% and 1.41%, while GDS Holdings rose 1.17%.