Rate Hike Lands, US Stocks Stage Strong Rebound, Chip Stocks Lead Gains, Crypto Treasury Stocks Rise Broadly, Bitcoin Still Lingers at Bottom

BlockBeats news, September 18th, US stocks closed higher on Thursday, with the Dow initially up 0.6%, the S&P 500 up 1.1%, and the Nasdaq up 1.69%.

According to BIT (bit.com) market data, among individual stocks, chip stocks led the gains: SK Hynix rose 4.6%, Nvidia rose 2.5%, AMD rose 6%, Intel rose nearly 7.6%, Arm rose nearly 9%, and SanDisk rose 6.21%.

Although Bitcoin is still hovering at the bottom, crypto treasury stocks rose broadly yesterday, with HYPE treasury stock PURR up 12.15%, BNB treasury stock BNC up 13.87%, and both BMNR and MSTR up nearly 5%.

In addition, US crude oil briefly fell below the $100 mark during intraday trading, and Brent crude once dropped more than 4%. Spot gold once rose nearly 3%. New York copper rose more than 2%.