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Tech Stocks Rebound in New York Market as Nasdaq Rises 1.11%... Amazon Soars 4.98%, Tesla Jumps 3.76%, Semiconductor Stocks Rally Together

Nasdaq Rises 1.11%... Tech-Led Rebound On the 19th (local time), major technology stocks rose in the U.S. New York stock market, leading a broad rebound. Amazon and Tesla climbed by relatively large margins, while semiconductor-related names such as Micron Technology and Nvidia also rose in tandem.

Wooil Shim
Staff Reporter
7 min read
Tech Stocks Rebound in New York Market as Nasdaq Rises 1.11%... Amazon Soars 4.98%, Tesla Jumps 3.76%, Semiconductor Stocks Rally Together
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Nasdaq Rises 1.11%... Tech-Led Rebound

On the 19th (local time), major technology stocks rose in the U.S. New York stock market, leading a broad rebound. Amazon and Tesla climbed by relatively large margins, while semiconductor-related names such as Micron Technology and Nvidia also rose in tandem. However, Apple and Meta declined, showing divergence within the tech sector.

By index, the tech-heavy Nasdaq Composite finished at 26,430.89, up 290.85 points (1.11%) from the previous session. The Standard & Poor's (S&P) 500 rose 0.41%, while the Dow Jones Industrial Average slipped 0.07%, ending mixed.

Amazon, Tesla Post Sharp Gains

Among major stocks, Amazon.com (AMZN) closed at $262.45, up $12.45 (4.98%) from the prior session. With a trading volume of 54,645,458 shares and a turnover of $14.277 billion, it posted one of the highest gains among major large-cap tech stocks on the day.

Tesla (TSLA) also joined the upward trend, closing at $368.06, up $13.34 (3.76%) from the previous session, with a trading volume of 38,608,164 shares and a turnover of $14.116 billion.

Semiconductor Stocks Rally Together... SanDisk Posts Largest Gain

Semiconductor stocks also posted a string of gains. Micron Technology (MU) closed at $904.90, up $26.06 (2.97%), recording a trading volume of 25,544,498 shares and a turnover of $23.283 billion. Nvidia (NVDA) rose $2.96 (1.38%) from the prior session to $217.09, with a trading volume of 98,020,114 shares and a turnover of $21.311 billion. Both stocks advanced, but Micron led in percentage gains.

AMD finished at $538.05, up $9.30 (1.76%), with a trading volume of 20,105,501 shares. Intel (INTC) gained $2.18 (2.43%) to close at $92.03, with a high trading volume of 100,098,576 shares.

Memory-related stock SanDisk (SNDK) also posted a notable gain, closing at $1,371.12, up $71.82 (5.53%) from the prior session. With a trading volume of 8,386,582 shares and a turnover of $11.59 billion, it recorded the highest gain among the major stocks tallied that day.

Apple, Meta Close Lower

In contrast, Apple (AAPL) finished at $342.94, down $0.52 (0.15%), with a trading volume of 34,518,558 shares and a turnover of $11.841 billion. Meta (META) also showed weakness, closing at $705.44, down $3.89 (0.55%) from the prior session, with a trading volume of 15,758,812 shares and a turnover of $11.078 billion.

Points of Interest Ahead

The day's stock movements confirmed a joint rally among semiconductor-related companies alongside mixed moves by some major platform companies. While Micron, Nvidia, AMD, and Intel all rose, Amazon and Tesla also showed strength, with SanDisk, Amazon, and Tesla in particular posting gains of more than 3%, standing out among major tech stocks. However, given the declines in Apple and Meta, it is hard to characterize the session as a uniform rally across the tech sector.

The market is expected to focus on whether this rebound will continue in upcoming trading sessions. Whether major semiconductor stocks can sustain their upward momentum and whether the divergence in performance among large-cap tech stocks narrows will be key variables to watch going forward.

[The individual figures have not been re-verified in real time. This is not a recommendation to buy or sell any particular stock, and the stock market can fluctuate depending on economic conditions, corporate earnings, and investor sentiment. Investment decisions and any resulting responsibility rest with the investor. Some assistance was provided by AI.]

Wooil Shim
Staff Reporter

CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.