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Data compiled by Woofun AI shows US equity markets concluded trading with significant breadth in gains. The Dow Jones Industrial Average advanced 1.86%, while the S&P 500 rose 1.75%. The Nasdaq Composite led the rally with a 2.54% increase, accompanied by a sharp 12.51% decline in the VIX fear index, indicating reduced volatility expectations.
This upward momentum was primarily driven by a broad-based surge in artificial intelligence-related equities. Micron led the sector with an 11.66% gain, followed closely by Arm at 11.32%. Marvell Technology and Astera Labs also recorded substantial increases of 11.13% and 11.07% respectively, highlighting sustained investor confidence in the AI infrastructure and semiconductor supply chain.