U.S. Storage Chip Index Surges 5%, Semiconductor Sector Rally on July 9

ARM9.27%
MU4.33%
META4.68%
TSLA3.20%
U.S. storage chip stocks led gains today (July 9), with the memory semiconductor index rising approximately 5% and the Philadelphia semiconductor index climbing 3%. The S&P 500 advanced 0.7%, with the technology sector up 1.6%. Among Nasdaq-100 constituents, Lumentum rose 11.3%, Arm Holdings gained 9.1%, Western Digital increased 4.4%, and Micron Technologies advanced 4.2% for its second consecutive day of gains. Meta climbed 4.8% and Tesla rose 2.9%.
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