The tech sector's strong rebound drove the US stock market to close higher across the board, with the semiconductor index up nearly 4% and MSTR surging over 12%.

BlockBeats News, June 30th. On Monday, US tech stocks rebounded strongly, leading to a overall market rally. According to Bitget data, the US stock market closed with the Dow rising by 0.59%, the S&P 500 rising by 1.18%, and the Nasdaq rising by 2.07%. Most popular tech stocks saw gains, with Tesla up over 8%, SpaceX up over 7%, and Google up over 4%.

The semiconductor sector saw widespread gains, with the Philadelphia Semiconductor Index up by 3.83%, KLA up by over 11%, Applied Materials up by over 10%, TSMC up by over 5%, ASML up by nearly 5%, Marvell Technology Group (MRVL) up by over 4%, and AMD up by over 3%.

The storage sector also saw gains, with Western Digital (WDC) up by over 11%, Seagate Technology (STX) up by over 7%, Micron Technology up by over 1%, after previously falling by over 9%.

Cryptocurrency-related stocks rose across the board, boosted by a new strategy plan, with MSTR up by 12.6%, STRC up by 12.2%. In addition, CRCL was up by 3.25% and HOOD was up by 3.18%.