The three major U.S. stock indices all closed higher, with aluminum stocks surging.

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People’s Finance and News, April 2—On April 1, all three major U.S. stock indexes closed higher. The Dow Jones rose 0.48%, the S&P 500 index rose 0.72%, and the Nasdaq rose 1.16%. Chip and memory-related stocks moved higher: Western Digital rose more than 10%, SanDisk rose more than 9%, Micron Technology and Intel rose more than 8%, and Applied Materials and AMD rose more than 3%. The aluminum sector saw broad gains. Driven by the suspension of production after the Middle East’s largest aluminum company was hit by a missile attack, U.S. Steel and Century Aluminum rose more than 8%. Nike’s share price closed down more than 15%, marking its largest single-day drop since June 2024. Most of the popular Chinese concept stocks closed higher. The Nasdaq China Golden Dragon Index rose 0.31%, Li Auto rose more than 3%, NIO, XPeng Motors, and iQIYI rose more than 2%, and Bilibili rose more than 1%.

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