S&P 500, Nasdaq Hit Best Quarter Since 2020; Semiconductors Surge 3.92% on July 1

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According to Bit.com market data, on July 1, the S&P 500 rose 0.79% and the Nasdaq surged 1.52%, both recording their best quarterly performance since 2020. The Dow Jones Industrial Average climbed 0.26% to a new closing record high. The semiconductor sector led gains with a 3.92% jump; AMD gained 7.68%, Taiwan Semiconductor Manufacturing Company (ADR) climbed 4.86%, Apple rose 2.7%, and Western Digital surged approximately 11%.
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