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U.S. stocks closed slightly higher on Thursday, with the Nasdaq hitting a record high. All three major stock indexes posted gains for the fourth consecutive month. The U.S. core PCE index rose by the most in a year in January, supporting a cautious rate cut strategy by Fed policymakers. The market continues to pay attention to the Fed's remarks to further determine the timing of the rate cut.
As of **, the Dow Jones is up 012%；The Nasdaq rose by 090%；The S&P 500 rose by 052%。
Thursday was the last trade of February, and the Dow accumulated **221%, NASDAQ **612%, S&P 500**517%。So far, all three major stock indexes have recorded gains for the fourth consecutive month.
C3 AI, an artificial intelligence software company, reported strong earnings reports, driving the entire artificial intelligence sector to soar!
Among chip stocks, Navitas Semiconductor rose about 67%, and ultra-micro computer rose 58%, ARM rose 38%, Nvidia rose 20% hovers near an all-time high. AI Concept Stocks, C3AI is currently up more than 25%, and Soundhound is up 169%.
Among them, AMD shares rose strongly by 906%, more than double the price from its October low**. AMD has grown for the fourth consecutive month as the AI craze continues to heat up, and its market capitalization has now climbed to more than $310 billion.
As early as a month ago, our U.S. stock investment network published an article, telling fans and friends that AMD is our must-buy stock in 2024, and the stock price was 135$47.