US Stock Market Move | Star technology stocks rose across the board, with Micron Technology, Inc. (MU.US) rising more than 6%.

On Wednesday, the U.S. stock market saw an expanded increase, with the Nasdaq rising by 1.2%. Star tech stocks saw a general increase, with Micron Technology, Inc. (MU.US) up over 6%, Advanced Micro Devices, Inc. (AMD.US) up nearly 4%, Oracle Corporation (ORCL.US) up over 3%, Apple Inc. (AAPL.US), Broadcom Inc. (AVGO.US) up over 2%, and Tesla, Inc. (TSLA.US) up over 1%. In terms of news, on the 22nd local time, U.S. President Trump stated that the new round of peace talks between the U.S. and Iran could make progress as early as Friday. Pakistani sources have stated that under their mediation, the possibility of restarting talks within the next 36 to 72 hours is increasing. Previously, the U.S. stock market rebounded from its low point of the war to a historical high in just three weeks, marking one of the fastest turnarounds in recent years. Analysts point out that this round of increase is not solely driven by political tensions easing with GEO Group Inc. The resilience of the U.S. economy, strong corporate earnings, and the continued increase in demand for artificial intelligence are also supporting the market. J.P. Morgan Asset Management predicts that by 2026, the earnings growth rate of S&P 500 companies has been raised by nearly 3 percentage points, even if the war causes some drag on profits, overall double-digit growth is still expected.