U.S. stocks close》Technology stocks led gains, U.S. stocks all closed in red, 2 index hit a new high, TSMC ADR fell 0.72%

With crude oil prices stabilizing, U.S. Treasury bond yields falling, and technology stocks leading the gains, U.S. stock markets closed higher across the board on Tuesday (6th), with the S&P 500 and Nasdaq both hitting record closing highs. (Reuters)

[Instant News/Comprehensive Report] With crude oil prices stabilizing, U.S. Treasury bond yields falling, and technology stocks leading the gains, the U.S. stock market closed higher across the board on Tuesday (6th), with the S&P 500 and Nasdaq both hitting record closing highs. Taiwan stock ADRs closed lower. TSMC ADR fell 0.72%.

With the outbreak of war in Iran, oil prices have risen sharply, and the market is concerned that rising energy prices may further translate into broader price pressures. However, the Group of Seven Major Industrial Countries (G7) reached an agreement and decided to release emergency diesel and crude oil inventories, which eased supply concerns and helped stabilize the prices of front-month WTI crude oil futures and Brent crude oil futures.

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That, coupled with a fall in U.S. Treasury yields, has eased some of the concerns that have plagued investors in recent weeks and allowed the market to turn its attention back to the upcoming third-quarter earnings season.

The investment craze in AI remains strong. Six of the "Big Seven" companies have seen their share prices rise, further pushing the market higher, while small-cap stocks have lagged behind large-cap stocks. The Philadelphia Semiconductor Index also maintained gains. Both the S&P 500 and the Nasdaq hit record closing highs, and the S&P 500 closed above 7,800 points for the first time. The Dow Jones Industrial Average remains more than 5% below its all-time closing high set on August 5.

Although data from the U.S. Department of Commerce showed that the U.S. trade deficit expanded by 13.7% and imports rose to a record high, which may further exacerbate inflationary pressures, the financial market's expectations for the Federal Reserve (Fed) to raise interest rates for the second consecutive time at this month's policy meeting have been significantly reduced.

The third-quarter earnings season will officially kick off next week, and a number of financial institutions that have received high market attention are expected to release their earnings reports next Tuesday.

The Dow gained 253.38 points, or 0.49%, to close at 51,521.28.

The Nasdaq rose 122.48 points, or 0.45%, to close at 27,599.79.

The S&P 500 gained 44.98 points, or 0.58%, to close at 7,818.93.

The Philadelphia Semiconductor Index rose 45.09 points, or 0.34%, to close at 13,217.82 points.

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