Nasdaq opens up 0.62%, ASML hits a new high, and memory concept stocks surge
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Glonghui, January 28|The market widely expects the Federal Reserve to keep rates unchanged. The three major US stock indexes opened higher collectively, with the Nasdaq up 0.62%, the S&P 500 up 0.29%, and the Dow Jones up 0.12%. ASML rose over 2%, reaching a record high in share price, with Q4 net sales hitting a record high of 9.7 billion euros and orders exceeding expectations. Starbucks surged nearly 9%, with global same-store sales growing 4% in the first fiscal quarter, marking the second consecutive quarter of positive growth. Texas Instruments rose 6.8%, with its Q4 data center business achieving a 70% year-on-year increase, and this quarter's performance guidance exceeded expectations. Strong earnings from SK Hynix and Seagate Technology reignited bullish sentiment, with Seagate Technology up over 10%, SanDisk up over 6%, Western Digital up over 5%, and Micron Technology up over 3%. (Glonghui)
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