--- title: "\"Guojin Headlines\" Funds flow back into technology stocks, NASDAQ rises over 1%, Dow hits new high" type: "News" locale: "en" url: "https://longbridge.com/en/news/291853745.md" description: "U.S. stocks surged on Monday, with technology stocks attracting capital. The NASDAQ rose by 1.1%, and the Dow Jones Industrial Average hit a historic high, breaking through 53,000 points. Dell's stock price soared over 4% due to promotion by Trump; SK Hynix initiated the process for a U.S. listing. Microsoft's layoffs of nearly 4,800 people caused its stock price to drop by about 1%; SpaceX experienced a profit-taking drop of about 1% just before being included in the NASDAQ-100 index. In the foreign exchange market, the dollar rose to 162.09 against the yen, gold prices showed divergence, and oil fluctuated within a narrow range" datetime: "2026-07-06T23:50:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291853745.md) - [en](https://longbridge.com/en/news/291853745.md) - [zh-HK](https://longbridge.com/zh-HK/news/291853745.md) --- # "Guojin Headlines" Funds flow back into technology stocks, NASDAQ rises over 1%, Dow hits new high According to the Economic News Agency on the 7th, U.S. stocks surged on Monday (6th), with investors flocking back to technology stocks. Led by strong performance in chip stocks, the NASDAQ recorded a 1.1% increase, and the Dow Jones Industrial Average broke through the 53,000-point mark for the first time, setting new intraday and closing highs. The Dow closed up 155.84 points, or 0.29%, at 53,055.91 points; the S&P 500 rose 54.19 points, or 0.72%, to 7,537.43 points; and the NASDAQ jumped 288.49 points, closing at 26,121.16 points. Western Digital (US.WDC) surged 7.1%, and Oracle (US.ORCL) recorded a 2.5% increase. Personal computer manufacturer Dell Technologies (US.DELL) saw its stock price soar over 4%. U.S. President Trump publicly promoted the company's computer products at an event at the White House, boosting the stock price. Additionally, South Korean memory chip giant SK Hynix officially launched its U.S. listing process this week. The company plans to raise approximately $28 billion by issuing American Depositary Receipts on NASDAQ. However, Microsoft (US.MSFT) announced it would cut about 4,800 employees, accounting for 2.1% of its global workforce, which dragged Microsoft’s stock price down about 1%. Furthermore, SpaceX (US.SPCX) will officially be included in the NASDAQ-100 index on Tuesday (7th). The market estimates that this move will trigger over $4 billion in passive fund inflows, but its stock price saw profit-taking ahead of the change, dropping about 1%. _The yen fell to 162.09 against the dollar_ The foreign exchange market showed cautious trading, with the U.S. dollar index exhibiting a narrow consolidation pattern, hovering around the 100.87 level, essentially flat for the day. The dollar rose about 0.48% against the yen, climbing to 162.09. The euro maintained a narrow consolidation pattern against the dollar, slightly rising 0.03% to 1.1439. International gold prices showed a mixed trend. New York futures gold performed relatively strongly, rising 1.1% to $4,170 per ounce; meanwhile, spot gold recorded a slight decline of 0.3%, priced at $4,162 per ounce. The international crude oil market fluctuated within a narrow range, with New York crude oil priced at $68.75 per barrel, up 0.1%. Brent crude oil was priced at $72.19 per barrel, with an increase of about 0.06%. 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