U.S. stock market close: Dow Jones rose 0.03%, Nasdaq rose 1.18%, Neocloud and storage stocks strengthened

According to Gate data, the U.S. stock market closed on Tuesday (October 27), with the Dow Jones Industrial Average up 0.03%, the S&P 500 index up 0.60%, and the Nasdaq up 1.18%.

Neocloud stocks rose across the board, with Nebius (NBIS) up 11.22%, Cipher Digital (CIFR) up 9.99%, Galaxy Digital (GLXY) up 9.57%, Applied Digital (APLD) up 9.42%, CoreWeave (CRWV) up 7.94%, and IREN up 7.90%.

Most optical communication concept stocks strengthened, with Credo (CRDO) up 10.77%, Astera Labs (ALAB) up 10.47%, Applied Optoelectronics (AAOI) up 6.96%, Coherent (COHR) up 6.38%, and Lumentum (LITE) up 5.88%.

Storage stocks rose across the board, with Western Digital (WDC) up 6.95%, SanDisk (SNDK) up 3.92%, Seagate Technology (STX) up 3.67%, Micron Technology (MU) up 2.77%, and SK Hynix (SKHY) up 1.92%. Semiconductor stocks also rose, with AMD up 5.45%, Marvell Technology (MRVL) up 4.19%, Broadcom (AVGO) up 4.00%, Intel (INTC) up 3.61%, and both TSMC (TSM) and ASML up 2.94%.