Nasdaq hits new high

The major U.S. stock indexes performed strongly today's intraday session, with the Nasdaq index rising 0.77% to 21,407.13 points, once again setting a record high. The S & P 500 rose 0.67% to 6,382.56, while the Dow Jones industrial average rose 0.48% to 44,180.21. The Philadelphia Semiconductor Index also rose 0.43%, indicating the market's continued favor for technology stocks.

Performance of strong and weak stocks

In terms of stock performance, Onto Innovation's share price surged 11.76%, while Gen Digital rose 8.95% on increased demand for cybersecurity products. Gilead Science also rose 8.85% on raising its earnings forecast. In contrast, The Trade Desk fell 37.19% as advertising spending was affected by tariffs, while GoDaddy and MongoDB fell 10.24% and 6.46% respectively.

The seven major U.S. stocks performed differently

Among the top seven U.S. stocks, Vitek's share price rose 0.64%, while Tesla rose 1.96% due to CEO Elon Musk's announcement of streamlining AI chip research and development. Apple shares surged 3.91%, while Alphabet also rose 2.15%. Microsoft and Facebook rose slightly by 0.23% and 0.33% respectively. However, Amazon's share price fell slightly 0.27%.

Breaking news affects market sentiment

Market sentiment was affected by a number of breaking news. U.S. President Trump nominated Stephen Miran to the Fed's board of directors, drawing market attention to future monetary policy. The move also prompted increased market expectations for a September interest rate cut. In addition, the impact of Trump's new tariff policy on international trade has also become the focus of the market, especially the negative impact on the advertising and sportswear industries.

Futures and bond market dynamics

In the derivatives market, oil prices fell, but gold futures hit a new high because Swiss gold bars were not exempted from tariffs. U.S. 10-year Treasury yields rose, signaling growing concerns about inflation. The VIX panic index remained stable, indicating that market sentiment was relatively calm.

Individual stocks and concept stocks dynamics

In terms of individual stocks, SoundHound AI's share price rose as it set a sales record. Expedia shares rose as international sales grew faster than expectations. On the other hand, Under Armour's share price fell due to lower expectations of the impact of tariffs. Shares of media giant Warner Bros. Discovery fell on falling earnings in its traditional TV division.