The three major U.S. stock indexes collectively closed higher, with the Nasdaq up 1.28% and recovering the 20,000-point mark. The S & P 500 rose 0.61% and the Dow rose 0.30%. Large technology stocks mostly rose, with Microsoft shares up 4.1%, the largest gain since April 2023. ARM HOLDINGS rose nearly 16%, Netflix rose more than 9%, Oracle rose more than 6% and Nvidia rose more than 4%.