U.S. Stocks Close Higher, NVIDIA Ends Seven-Day Losing Streak Up Over 2%, Storage, Optical Communication, and Cryptography Concept Stocks Rise Sharply

BlockBeats News, August 26th. According to BIT (bit.com) market data, the U.S. stock market closed higher, with the Dow rising by 0.3%, the S&P 500 up by 0.32%, and the Nasdaq up by 0.66%. Nvidia ended a seven-day losing streak with a gain of over 2%. The storage, optical communication, and cryptocurrency sectors saw strong performance.

Storage and Semiconductor Sector:

Intel (INTC) rose by 0.25%;

Advanced Micro Devices (AMD) rose by 4.91%;

Micron Technology (MU) rose by 2.48%;

SanDisk (SNDK) fell by 0.83%;

Seagate Technology (STX) rose by 3.4%;

Western Digital (WDC) rose by 3.53%;

SK Hynix ADR rose by 2.68%.

Optical Communication Sector:

Lumentum (LITE) surged by over 6%;

Applied Optoelectronics (AAOI) surged by over 5%;
Coherent (COHR) surged by over 4%.

Cryptocurrency-Related Stocks:

Circle (CRCL) surged by over 4%;

Coinbase (COIN) surged by over 4%;

Strategy surged by over 3%.