Tech Stocks and Bitcoin Soar as US Market Bounces Back
US stocks closed mixed on September 18 after a volatile week. Tech and semiconductor shares continued to recover, driving gains in the S&P 500 and Nasdaq.
The Dow Jones Industrial Average fell 0.18% to 51,688.16, while the S&P 500 Index rose 0.17% to 7,650.50.
Nvidia (NVDA) led chip stocks higher with a 1.34% gain. SanDisk (SNDK) surged nearly 11%, and Micron (MU) gained 3.92%. The Philadelphia Semiconductor Index climbed about 2.78% for the fourth consecutive trading day.
Bitcoin rebounded sharply on Friday, breaking back above $80,000 and hitting a high of $81,000.