AI-Concept Stocks Drive US Stocks to Close Higher; S&P 500, Nasdaq Continue to Set New Highs
The rally in tech stocks continued, with the S&P 500 and Nasdaq closing at new highs today. Cisco Systems' stock surged 13.4%, and semiconductor startup Cerebras soared 68.2% on its debut, highlighting the market's strong confidence in artificial intelligence (AI).
📋 Article Processing Timeline
- 📰 Published: May 15, 2026 at 06:08
- 🔍 Collected: May 15, 2026 at 06:32 (23 min after Published)
- 🤖 AI Analyzed: May 15, 2026 at 07:35 (1h 3m after Collected)
(Central News Agency, New York, 14th, Comprehensive Foreign Report) The rally in technology stocks continued, with the S&P 500 and Nasdaq closing at new highs today. Cisco Systems' stock surged 13.4%, and semiconductor startup Cerebras soared 68.2% on its debut, highlighting the market's strong confidence in artificial intelligence (AI).
The Dow Jones Industrial Average rose 370.26 points, or 0.75%, to close at 50063.46.
The S&P 500 index gained 56.99 points, or 0.77%, to finish at 7501.24.
The Nasdaq Composite index climbed 232.88 points, or 0.88%, to end at 26635.22.
The Philadelphia Semiconductor Index rose 55.80 points, or 0.46%, to close at 12073.78. (Compiled by: Yang Chao-yen) 1150515
The Dow Jones Industrial Average rose 370.26 points, or 0.75%, to close at 50063.46.
The S&P 500 index gained 56.99 points, or 0.77%, to finish at 7501.24.
The Nasdaq Composite index climbed 232.88 points, or 0.88%, to end at 26635.22.
The Philadelphia Semiconductor Index rose 55.80 points, or 0.46%, to close at 12073.78. (Compiled by: Yang Chao-yen) 1150515