S&P 500 and Nasdaq hit new highs, with AI stocks like Apple, Microsoft, Broadcom reaching new highs, while NVIDIA falls from its peak

The S&P 500 index rose on the fifth day in six days, while the Nasdaq and Nasdaq 100 both hit new highs for six consecutive days. The Dow Jones Industrial Average stopped falling for four days, moving away from its recent two-week low. The Russell 2000 index stopped falling for two days and moved away from its six-week low. Microsoft's closing market value remains the highest in the U.S. stock market, followed by Apple in second place and NVIDIA in third. However, NVIDIA's market value briefly surpassed Apple's after hitting an intraday high, and Apple's market value once again surpassed Microsoft's. Tesla rose by over 5%, while Qualcomm, TSMC, Micron Technology, and Oracle hit new highs. GameStop fell by over 12%. The China concept stocks index erased most of its 1% decline, Bilibili rose by 6.7%, Nio, XPeng Motors, and BYD ADR all rose by about 2%. French stocks saw the largest gains in European stocks. U.S. bond yields rose by over 8 basis points, moving away from a ten-week low. Oil prices rose by 2%, reaching their highest level in seven weeks since the end of April, with an intraday increase of about $2, and U.S. oil closing above $80. The U.S. dollar edged lower, while the euro remained near a six-week low, the Japanese yen traded at a 34-year low, and the offshore renminbi traded at 7.27. Spot gold fell by 1% to approach $2310, while London copper and aluminum hit a two-month low