The three major U.S. stock indices closed higher collectively, with the Nasdaq up 1.04%, AMD up over 8%, and the Chinese concept stock index up 1.37%.

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The three major U.S. stock indices all closed higher, with the Nasdaq up 1.04%, the S&P 500 up 0.77%, and the Dow Jones up 0.76%. Most large tech stocks rose, with AMD up over 8%, Intel up over 5%, Tesla, Netflix, and Apple up over 2%, Microsoft and Amazon up more than 1%, and Nvidia and Meta slightly higher; Google declined slightly. PayPal gained a total of 13% over two trading days, marking the largest same-period increase since 2022. Thomson Reuters rose over 11%, and SaaS giant Salesforce increased by 4%.

The Nasdaq Golden Dragon China Index closed up 1.37%, at 7,581.04 points. Among popular Chinese concept stocks, GDS Holdings rose 6.7%, China Internet Plus Holdings increased 6.6%, Xpeng Motors up 6.6%, Kingsoft Cloud up 4.8%, Pinduoduo, JD.com, and Ctrip rose over 1%.

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