The European and American stock markets closed higher, with the Dow Jones up 0.36%, the Nasdaq up 0.45%, the S&P up 0.41%, and the German stock market reaching a historic high; Large technology stocks generally rose, with chip stocks leading the way. ARM rose more than 7% and its stock price hit a new closing high, while Nvidia rose nearly 2%; Chinese concept stocks fluctuated, with Xiaopeng Motors falling more than 5%; International oil prices have risen by over 2%; International gold prices have fallen by over 1%.