The Dow Jones Industrial Average closed up 270 points, Alphabet rose 1% to a new high, and NVIDIA led the decline in tech stocks

The market continues to pay attention to the developments in the international situation, with mixed performance in the US stock market on Thursday. The Dow Jones Industrial Average opened lower but closed higher, gaining 270 points or 0.6% to close at 49,266 points, recovering some of the losses from Wednesday. The Nasdaq Composite Index closed down 104 points or 0.4% at 23,480 points; the S&P 500 Index rose less than 1 point to close at 6,921 points.

Alphabet (GOOG.US) continued to rise against the trend, reaching a high of $330.54, closing up 1.1% at $326.01, setting a new historical closing high, with its market capitalization approaching $4 trillion, surpassing Apple to become the second-highest valued stock in the US market.

Large technology stocks generally fell, with NVIDIA (NVDA.US) down 2.2%, Intel (INTC.US) dropping 3.6%, and Apple (AAPL.US) and Meta (META.US) each down less than 1%.

After US President Trump called for a defense budget of $1.5 trillion by 2027, defense stocks responded with gains. Lockheed Martin (LMT.US) rose 4.3%, and Northrop Grumman (NOC.US) increased by over 2%