--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43171167.md" description: "Dow Jones hits all-time closing high! Tech giants surge across the board, Chinese concepts see 6th consecutive day of gainsπŸ”₯ US stocks surged overnight: Dow Jones Industrial Average rose 693 points (+1.32%) to 53,178.41, setting a new all-time closing record; S&P 500 gained 1.48% to 7,600.50, just about 0.3% away from its early June all-time high; Nasdaq rose 2.13% by 259 points.πŸ“ˆ Tech giants surge across the board: Meta up 6.02%, Microsoft up 4.93% (accumulated gain of approx. 25% over the past three days), Amazon up 4.58% (market cap breaks $3 trillion for the first time), Google up 4.44% (market cap surpasses Apple to rank second globally), NVIDIA up 2.93% (market cap stands above $5 billion again). Apple fell 1.78% against the trend, becoming the only one among the "Magnificent Seven" to decline.πŸ’Ύ Memory chips rebound strongly: SanDisk surges over 6%, Micron rises 0.79%. The Philadelphia Semiconductor Index opened low and closed high, ending previous consecutive days of declines.πŸ‡¨πŸ‡³ Chinese concepts see 6th consecutive day of gains: Nasdaq China Golden Dragon Index rose 0.75%, rising for the 6th consecutive day, hitting a 1-month high. Alibaba rose over 4%, Kingsoft Cloud rose over 6%, while Li Auto and XPeng fell over 3-4%.πŸ‡­πŸ‡° HK stocks opened higher this morning: Hang Seng Index opened up 0.31%, HSTECH Index opened up 0.3%. Alibaba rose 1.28% (already surged 7% yesterday), WuXi AppTec surged nearly 10% (interim report fully exceeded expectations).Oil prices plummeted 7%, easing US-Iran tensions boosted risk appetite. Fed's probability of a September rate hike is 66.5%" datetime: "2026-08-04T02:11:23.000Z" locales: - [en](https://longbridge.com/en/topics/43171167.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43171167.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43171167.md) author: "[εΌ·ιˆθ¦–θ§’](https://longbridge.com/en/profiles/2081293491399294976.md)" --- # Dow Jones hits all-time closing high! Tech giants … ### Related Stocks - [09868.HK](https://longbridge.com/en/quote/09868.HK.md) - [XPEV.US](https://longbridge.com/en/quote/XPEV.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [.HXC.US](https://longbridge.com/en/quote/.HXC.US.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [KC.US](https://longbridge.com/en/quote/KC.US.md) - [03896.HK](https://longbridge.com/en/quote/03896.HK.md) - [LI.US](https://longbridge.com/en/quote/LI.US.md) - [02015.HK](https://longbridge.com/en/quote/02015.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [603259.CN](https://longbridge.com/en/quote/603259.CN.md) - [02359.HK](https://longbridge.com/en/quote/02359.HK.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md)