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U.S. Stock Indices Gain Over 1% on Wednesday; Tesla Rises 3%, Intel Up 7%

GateNews

2026-05-20 20:04:37

U.S. stock indices closed higher on Wednesday, with the Dow Jones Industrial Average rising 1.3%, the S&P 500 up 1.08%, and the Nasdaq Composite gaining 1.5%. In the technology sector, Micron Technology jumped 4.7%, Intel surged 7%, Tesla climbed 3%, and Nvidia increased 1%. Meanwhile, the Nasdaq Golden Dragon China Index declined 0.4%, with Bilibili dropping 8% and China Information Technology down 9%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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The probability of a Fed rate cut in June is approaching zero, as the market prices in a 66.9% chance of zero rate cuts within the year

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