The US stock market closed higher, with the Dow Jones up 0.48%, the Nasdaq up 0.70%, and the S&P up 0.46%, all of which have hit their highest levels in over a year; Chip stocks rose generally, with Broadcom rising more than 4% and its stock price continuing to reach a new historical high. AMD, Meta, and Nvidia rose more than 2%; Performance fell short of expectations, with Oracle falling more than 12%; International oil prices have plummeted by over 3%.