--- title: "In the early session of the US stock market, the Dow Jones soared over 460 points, while the Nasdaq fell, with AMD rising over 6%" type: "News" locale: "en" url: "https://longbridge.com/en/news/265554768.md" description: "U.S. stocks rose on Wednesday due to a rebound in technology stocks, with the Dow Jones soaring more than 460 points in the early session, reaching a new high. Stocks of Goldman Sachs, JPMorgan Chase, and American Express hit new highs, while shares of Advanced Micro Devices rose over 6%. The company's CEO stated that the AI data center market is expected to reach $1 trillion by 2030, driving revenue growth. The Nasdaq index opened high but retreated, as the market focused on the progress of the U.S. federal government's reopening" datetime: "2025-11-12T14:34:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/265554768.md) - [en](https://longbridge.com/en/news/265554768.md) - [zh-HK](https://longbridge.com/zh-HK/news/265554768.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265554768.md) | [繁體中文](https://longbridge.com/zh-HK/news/265554768.md) # In the early session of the US stock market, the Dow Jones soared over 460 points, while the Nasdaq fell, with AMD rising over 6% Driven by the rebound in technology stocks, U.S. stocks rose on Wednesday, with the Dow Jones Industrial Average hitting a new high, rising more than 460 points at one point, an increase of nearly 1%. The S&P 500 index saw a slight increase, while the Nasdaq index, which had a strong surge last Friday, opened high but then fell. Goldman Sachs (GS.US), JPMorgan Chase (JPM.US), and American Express (AXP.US) reached new highs, while UnitedHealth Group (UNH.US) also rose by 4%, collectively boosting the Dow. In the semiconductor sector, Advanced Micro Devices (AMD.US) saw its stock price surge over 6%. CEO Lisa Su stated that the company expects the market size for artificial intelligence data center components and systems to reach $1 trillion by 2030, and noted that the demand for AI chips is limitless, which will drive overall revenue growth for the company. Major chip stock NVIDIA (NVDA.US) remained flat. The healthcare sector performed the best, with Eli Lilly (LLY.UJS) hitting a 52-week high, rising over 2%, and Johnson & Johnson (JNJ.US) increasing by 0.3%. Market attention is focused on the situation in Washington, D.C., as the U.S. federal government is expected to reopen as early as this week. The Senate passed a temporary funding bill on Monday night, which is now up for a vote in the House of Representatives, expected to take place at 7 PM Eastern Time ### Related Stocks - [JPMorgan Chase & Co. (JPM.US)](https://longbridge.com/en/quote/JPM.US.md) - [The Goldman Sachs Group, Inc. (GS.US)](https://longbridge.com/en/quote/GS.US.md) - [American Express Company (AXP.US)](https://longbridge.com/en/quote/AXP.US.md) ## Related News & Research - [Tinci Materials' Hong Kong IPO Likely To Raise Over $1B](https://longbridge.com/en/news/280992312.md) - [American Express Named the Official Payments Partner of the National Football League | AXP Stock News](https://longbridge.com/en/news/281077397.md) - [Anthropic in Talks for October IPO to Raise Over $60 Billion, Sources Say](https://longbridge.com/en/news/280716276.md) - [JPMorgan Chase & Co. Grows Stock Holdings in Udemy, Inc. $UDMY](https://longbridge.com/en/news/281154291.md) - [First Bank & Trust Takes $2.24 Million Position in American Express Company $AXP](https://longbridge.com/en/news/280593682.md)