• Fri, Mar 6, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

3 November 2025 21:44  |

S&P 500 Rises to Start November Trading, Led by Tech

The S&P 500 rose on Monday, led by tech, as a new month of trading began.

The benchmark gained 0.5%, while the Nasdaq Composite advanced 1%. The Dow Jones Industrial Average climbed 18 points.

Micron Technology gained 5% to lead chipmaker stocks higher. Nvidia and AMD were up 3% and around 1%, respectively. The VanEck Semiconductor ETF (SMH) climbed 1.6%. Other tech names such as Meta Platforms and Palantir gained 1.2% and 2%, respectively.

The moves came after data center company Iren reached a multiyear $9.7 billion deal with Microsoft to provide the megacap technology company access to Nvidia GB300 graphics processing units. Shares of Iren were last up 17%.

Nvidia shares continued to see gains Monday following Microsoft’s announcement that it has secured export licenses from the Trump administration to ship Nvidia chips to the United Arab Emirates. The company added that its total UAE investment will amount to $15.2 billion by the end of 2029.

Source : CNBC.com

 

Related News

MARKET UPDATE

Asian Markets Tend to Be Cautious Following US Data Release...

Asian stock markets opened without a clear direction on Wednesday (August 6th), after weak US services sector data fueled unc...

6 August 2025 07:48
MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
MARKET UPDATE

Asian Stocks Down, SoftBank Plunges 10%

Asian stock markets fell on Wednesday, as investors digested Japanese trade data and the formation of a new government in Tok...

22 October 2025 08:44
MARKET UPDATE

Asian Stocks Drop as Trump’s Tariff Deadline Nears

Asian shares slumped at the open as White House pushing ahead with sweeping tariffs on trading partners including a 104% le...

9 April 2025 07:25
BIAS23.com NM23 Ai