U.S. stocks opened lower and rose higher, and the three major indexes collectively closed higher

US stocks opened lower and moved higher, and the three major indexes collectively closed higher. The Nasdaq rose 0.87%, the S & P 500 rose 0.67%, and the Dow rose 0.56%. New shares Newsmax fell more than 77%, wiping more than $23 billion off its market value. The stock rose more than 22 times in the previous two trading days. Most large technology stocks rose, Tesla rose more than 5%, Amazon rose 2%, Nvidia, Apple, and Netflix rose slightly; Microsoft, Google, Meta, and Intel fell slightly.