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The US stock market closed on Thursday, with the Dow Jones Industrial Average rising 1.7% to a new high, the S&P 500 index rising 0.4%, and the Nasdaq slightly falling. Nvidia rose nearly 2%, Micron Technology fell 7.7%, and Broadcom fell over 12%. The Nasdaq China Golden Dragon Index fell 0.6%, and Xiaopeng Motors fell 3.5%.