U.S. stocks close: Recession fears ease, three major stock indexes collectively close higher

August 9 news, U.S. stocks closed on Thursday, the Dow initially closed up 1.76% or 680 points, the S & P 500 index rose 2.3%, the Nasdaq rose 2.87%. Star technology stocks rose, Intel (INTC. O) rose nearly 8%, Broadcom (AVGO. O) rose nearly 7%, NVIDIA (NVDA. O), TSMC (TSM. N) rose more than 6%, Apple (AAPL. O), Microsoft (MSFT. O) rose more than 1%. Nasdaq China Golden Dragon Index closed up 2.8%, Canaan Technology (CAN. O) rose nearly 10%, Baidu (BIDU. O) rose nearly 6%, NIO (NIO. N), XPeng Motors (XPEV. N) rose about 4%, Alibaba (BABA. N) rose more than 3%.