U.S. stocks closed with gains across Neocloud, optical communications, storage, and semiconductor sectors, with CIFR surging over 18%.

BlockBeats news, November 4th, according to data from the BIT stock platform, U.S. stocks closed on Tuesday with the Dow down 0.38%, the S&P 500 up 0.36%, and the Nasdaq up 0.83%.

Neocloud stocks rose across the board: Cipher Digital (CIFR) up 18.37%, Hut 8 (HUT) up 15.90%, Galaxy Digital (GLXY) up 15.35%, TeraWulf (WULF) up 14.53%, Core Scientific (CORZ) up 13.87%, and IREN up 11.08%.

Most optical communications concept stocks advanced: Credo (CRDO) up 7.78%, Ciena (CIEN) up 5.54%, Coherent (COHR) up 3.77%, and Broadcom (AVGO) up 3.07%.

Storage stocks rose across the board: SanDisk (SNDK) up 4.78%, Western Digital (WDC) up 2.59%, Micron Technology (MU) up 2.58%, Seagate Technology (STX) up 2.13%, and SK Hynix (SKHY) up 2.09%.

Semiconductor stocks strengthened in tandem: AMD up 3.65%, Broadcom (AVGO) up 3.07%, Arm (ARM) up 2.90%, Nvidia (NVDA) up 2.29%, KLA (KLAC) up 2.02%, and Applied Materials (AMAT) up 1.97%.