The three major U.S. stock indexes collectively closed higher, with mixed gains and losses in popular technology stocks

The three major U.S. stock indexes collectively rose, with the Dow Jones Industrial Average up 0.82%, accumulating a 2.42% increase for the week; the Nasdaq Composite Index rose 0.55%, accumulating a 0.38% increase for the week; and the S&P 500 Index rose 0.59%, accumulating a 0.77% increase for the week, with both the Dow Jones and S&P 500 reaching new closing highs for this year. The performance of popular technology stocks varied, with ARM rising nearly 4% to reach a new historical high at closing, Apple and Amazon slightly rising, Intel falling over 2%, and Microsoft falling over 1%. Non-ferrous metals and lithium battery sectors led in terms of gains, with Sunrun rising over11%, Chilean mining chemicals rising over7%, Southern Copper Corporation and Century Aluminum Company rising over6%, and Albemarle Corporation rising over4%. The weight loss drug concept and computer hardware sectors experienced declines, with Pfizer Inc., Dell Technologies Inc., dropping more than5%; among them, Pfizer had its largest decline since December2021,and Eli Lilly And Company as well as Novo Nordisk A/S fell more than1%.

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