The Nasdaq and S&P 500 hit new record highs, while the Dow closes above 50,000 points for the first time in three months; Nvidia's total market value reaches $5.71 trillion.
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Glonghui, May 15th|All three major U.S. stock indexes closed higher, with the Nasdaq up 0.88%, the S&P 500 up 0.77%, and the Dow Jones up 0.75%. Among them, the Nasdaq and S&P 500 continued to hit new highs, while the Dow Jones closed above 50,000 points for the first time in three months. NVIDIA rose for the seventh consecutive day, gaining over 4% intraday and again reaching a new high, bringing its total market value to $5.71 trillion. AI chipmaker Cerebras System soared more than 68% on its first day of listing. U.S. AI optical interconnect leader POET jumped over 43%; according to reports, the company is collaborating with optical interconnect infrastructure platform Lumilens to advance wafer-level photonic integration. Broadcom surged more than 5%, reaching a total market value of $2.08 trillion. Ford Motor climbed more than 6%, with a cumulative increase of over 20% in the past two days. Boeing closed down 4.7%, marking its largest single-day decline since October last year.
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