This week, the S&P rose about 0.9%, the Dow Jones climbed 2.1%, the Nasdaq rose 0.3%, the Semiconductor Index gained 5.1%, the Hyperscale Cloud Service Providers Index dropped 1.1%, and the Tech Giants Index fell 1.2%.

The S&P 500 Index provisionally closed up 0.4%, with the healthcare sector rising 1.2%, the technology sector up 0.5%, the energy sector up 0.2%, and the telecommunications sector down 0.6%. The Nasdaq 100 Index provisionally closed up 0.4%. Among its components, Qualcomm provisionally closed up 11.5%, Ross Stores rose 17.6%, Zscaler increased by 6.8%, NXP Semiconductors gained 5.8%, Workday rose 4.8%, Strategy fell 3%, Pinduoduo dropped 3.3%, SanDisk declined 3.7%, and gaming stock TTWO dropped 4.2%. Merck provisionally closed up 5.7%, Salesforce rose 2.3%, Cisco increased by 2%, leading the Dow Jones component stocks. McDonald's fell by 0.7%, Walmart dropped 0.7%, and NVIDIA declined 1.9%.