Nasdaq closed up 12%, the second largest one-day gain in history
The three major U.S. stock indexes collectively rose at the close, with the Nasdaq rising 12.16%, the largest single-day percentage increase since January 3, 2001 and the second largest record increase; The S&P 500 index rose 9.52%, recording its largest one-day percentage gain since October 28, 2008; The Dow rose 7.87%. Large technology stocks rose sharply, Tesla rose more than 22%, Nvidia rose more than 18%, Apple rose more than 15%, Meta rose more than 14%, Amazon rose more than 11%, Microsoft rose more than 10%, and Google rose more than 9%.. The Philadelphia Semiconductor Index rose 19%, a record single-day increase, Arm Holdings rose more than 24%, AMD rose more than 23%, NXP rose more than 21%, Micron Technology and Intel rose more than 18%.