US stocks closed sharply higher on a triple-witching Friday, with the S&P 500 rising 0,9%, the Nasdaq 100 gaining 1.4%, and the Dow Jones adding more than 180 points, extending gains from the previous session as technology stocks outperformed.
The AI-related trade showed signs of recovery, led by Oracle, whose shares jumped more than 7% after TikTok agreed to sell its US operations to a new joint venture involving Oracle and private-equity firm Silver Lake. Micron Technology advanced 7%, building on its 10% surge on Thursday.
Also, Nvidia shares climbed more than 3% after Reuters reported that the Trump administration is reviewing whether the company could sell its advanced AI chips to China. On the downside, Nike shares plunged 11% after the company reported weaker revenue in China, while higher tariffs weighed on gross margins.
Source: Trading Economi
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