The S&P 500 gained 0.61 per cent while the Nasdaq Composite gained 1.19 per cent, to 26,656.18. Read more at straitstimes.com. Read more at straitstimes.com.

Nasdaq and Russell 2000 hit fresh highs as Micron surges 18%. The iShares Semiconductor ETF jumped 4.8%, pushing year-to-date gains past 80%.

US stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into the $1 trillion club after a strong…