The U.S. stock market closed higher across the board, driven by strength in technology stocks. The Nasdaq Composite Index led the rally with a surge of more than 3%.

As of the 16th (Korean time), the closing figures for major indices are as follows:

• Dow Jones Industrial Average: Up 469.57 points (0.92%) from the previous trading day → 51,671.83
• S&P 500 Index: Up 123.08 points (1.66%) → 7,554.54
• Nasdaq Composite Index: Up 795.10 points (3.07%) → 26,683.94
• Russell 2000 Index: Up 23.18 points (0.79%) → 2,967.17

All major indices, including the three benchmark indices as well as the small- and mid-cap-focused Russell 2000, recorded gains, with the Nasdaq posting the largest increase.

The market attributes the rally to expectations of easing geopolitical tensions combined with improved investor sentiment toward major artificial intelligence (AI) technology stocks. In particular, the Nasdaq's gain of over 3% is interpreted as the result of concentrated buying in AI and semiconductor-related stocks.

Investors are keeping a close eye on the future direction of U.S. Federal Reserve (Fed) monetary policy and upcoming earnings reports from major companies. Some analysts project that if expectations of interest rate cuts persist, the strength in growth stocks could continue. With the Dow, S&P 500, Nasdaq, and Russell 2000 all closing higher on the day, risk appetite showed signs of reviving, confirming that expectations for the AI and semiconductor sectors remain intact.

[This article is based on publicly available market data and official announcements. Artificial intelligence (AI) was utilized during the writing process to assist with data organization and drafting. The final content was produced through an editing and review process. The information provided in this article is intended for general informational purposes only and does not constitute investment advice regarding any specific stock or financial product. Investing in stocks and financial markets carries the risk of principal loss, and all responsibility for investment decisions rests solely with the investor. Please be sure to review relevant disclosures and official materials before making any investment decisions. This publication bears no legal or financial responsibility for the information provided herein.]