US Stock Market Move | Partial optical communications shares move against the market trend, Lumentum (LITE.US) rises to 11% expansion.

On Monday, some optical communication stocks bucked the market trend, with Lumentum (LITE.US) rising by 11%, Applied Optoelectronics (AAOI.US) rising by nearly 8%, Ciena (CIEN.US) rising by almost 5%, Coherent (COHR.US) rising by over 3%, and Corning Inc (GLW.US) rising by almost 2%. On the news front, on March 6, S&P Dow Jones Indices announced that Lumentum will be included in the S&P 500 index, effective March 23, 2026. In addition, on March 2, NVIDIA Corporation announced a $2 billion investment and a multi-year strategic cooperation agreement with Lumentum, including a commitment to purchase high-end laser components worth billions of dollars, focusing on AI data center optical technology.