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US Stocks Rise

US equities closed higher on Thursday with the S&P 500 and Nasdaq Composite gaining 1.09% and 1.91% respectively

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US equities closed higher on Thursday: Dow Jones Industrial Average +0.14% (preliminary), S&P 500 +1.09%, Nasdaq Composite +1.91%.

SpaceX (SPCX.O) fell 3.56%, trading down as much as 10% intraday.

Semiconductor names led gains: MARVELL (MRVL.O) +7.27%, Intel (INTC.O) +10.64%, Micron (MU.O) +8.70%.

Nasdaq Golden Dragon China Index -0.89%.