U.S. stocks closed with gains in storage, Neocloud, semiconductor, and optical communication sectors, with APLD and WDC rising over 6%.

BlockBeats news, October 20 - According to BIT(bit.com) market data, U.S. stocks closed higher on Monday, with the Dow down 0.07%, the S&P 500 up 0.41%, and the Nasdaq up 1.11%.

Storage stocks rose across the board, with Western Digital (WDC) up 6.09%, SanDisk (SNDK) up 5.53%, SK Hynix (SKHY) up 4.67%, Seagate Technology (STX) up 3.41%, and Micron Technology (MU) up 2.97%.

Most Neocloud stocks rose, with Applied Digital (APLD) up 6.65%, TeraWulf (WULF) up 3.25%, Nebius (NBIS) up 2.88%, IREN up 2.74%, and Core Scientific (CORZ) up 1.85%.

Semiconductor stocks rose across the board, with Marvell Technology (MRVL) up 4.06%, Lam Research (LRCX) up 3.13%, Intel (INTC) up 2.43%, TSMC (TSM) up 1.86%, and Nvidia (NVDA) up 1.38%.

Most optical communication concept stocks advanced, with Marvell Technology (MRVL) up 4.06%, Ciena (CIEN) up 3.56%, Applied Optoelectronics (AAOI) up 3.48%, and Credo (CRDO) up 1.83%.