Stocks climbed Thursday and technology shares outperformed, adding to the previous session’s gains that led to new records on Wall Street.
The S&P 500 and Nasdaq Composite advanced 0.6% and 0.7%, respectively. The Dow Jones Industrial Average jumped 310 points, or 0.8%.
Micron Technology jumped nearly 16% on strong earnings and headed for its best day since December 2011. The news lifted the semiconductor sector, with Nvidia, Intel and Taiwan Semiconductor last up more than 2%. Marvell Technology and the VanEck Semiconductor ETF surged 4%.
Megacap tech stocks that led the recent rally also contributed to the session’s gains, with Meta Platforms, Microsoft and Amazon adding at least...
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