Nasdaq rises for 11 consecutive sessions, sets new closing high; major tech stocks generally rise

Jinse Finance reported that on April 16, after the close of the US stock market, the Nasdaq rose by 1.59%, marking eleven consecutive days of gains and reaching a new closing high. The S&P 500 index rose by 0.8%, also hitting a record high, while the Dow Jones Industrial Average fell by 0.15%. Major tech stocks generally rose; Tesla increased by more than 7%, and Microsoft and Broadcom both climbed by over 4%. Allbirds surged by more than 500% after announcing a shift of its business focus toward artificial intelligence computing infrastructure.