On Wednesday, the US stock market closed at a new high for the S&P 500 and the Nasdaq

The US stock market closed on Wednesday, with the Dow Jones Industrial Average down 0.1%, the S&P 500 up 0.59%, and the Nasdaq up 1.2%, the latter two hitting new closing highs. Micron Technology rose over 4%, Google rose nearly 4%, and Tesla and Nvidia rose over 2%. The Nasdaq China Golden Dragon Index rose 3.9%, Baidu rose over 7%, and Alibaba rose 8%.