US Stock Market Move | The rebound of the Nasdaq from the bottom rose more than 4%, with technology stocks collectively rising.

date
07/04/2025
avatar
GMT Eight
On Monday, the US stock market rebounded from its lowest point, with the three major indices showing a strong turnaround. The Nasdaq rose by over 4%, with tech stocks collectively rising. Super Micro Computer, Inc. (SMCI.US) surged over 13%, Micron Technology, Inc. (MU.US) rose over 10%, NVIDIA Corporation (NVDA.US), Broadcom Inc. (AVGO.US) rose over 7%, and Tesla, Inc. (TSLA.US) rose over 3%. On the news front, White House trade advisor Navarro said in an interview with CNBC that the EU's proposal to cut tariffs is a "good small start," but the bigger issue lies in the non-tariff areas of "cheating." Navarro said, "EU, drop your 19% value-added tax... anyone who wants to talk to us should talk about reducing your non-tariff barriers." He said he will "likely" meet with Elon Musk in the Oval Office today.

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