On November 25 local time, the three major US stock indices fell across the board in early trading, with the Nasdaq Index once falling over 1%. However, they experienced a significant pull-up during the session, and all three indices closed higher. As of the close, the Dow Jones Industrial Average rose 1.43%, reclaiming above the 47,000 point psychological mark to close at 47,112.45 points; the S&P 500 index rose 0.91% to 6,765.88 points; the Nasdaq Index rose 0.67%, reclaiming above the 23,000 point psychological mark to close at 23,025.59 points.

Most large-cap tech stocks in the US market advanced. Specifically, Meta rose nearly 4%, while Google Class A and Amazon both rose over 1%. Microsoft, Apple, and Tesla all saw slight increases, with gains all under 1%.

Banking stocks generally moved higher. JPMorgan Chase, Goldman Sachs, Citigroup, Morgan Stanley, Bank of America, and others rose over 1%, while Wells Fargo's gain was less than 1%.

Airline stocks collectively rose. Southwest Airlines and United Airlines both gained over 3%, while American Airlines and Delta Air Lines both rose over 2%.

Pandemic-related concept stocks generally increased. BioNTech rose over 3%, Moderna rose over 2%, AstraZeneca rose nearly 2%, and Gilead Sciences rose over 1%.

Chip stocks were mixed. Two major AI chip giants experienced significant declines during the session but substantially narrowed their losses by the close.

Among them, Nvidia once plunged over 7% before narrowing the decline to a drop of over 2% at the close.

Advanced Micro Devices (AMD) saw huge volatility, with an even steeper decline during the session, once falling over 9%, but later narrowed the loss to a decline of over 4% at the close.

Among other chip stocks, Applied Materials rose 5%, Broadcom rose nearly 2%, and ASML rose over 1%. Conversely, ARM fell over 2%, and Qualcomm fell over 1%.

Chinese concept stocks were mixed. The Nasdaq Golden Dragon China Index rose 0.35%.

Specifically, Hesai Technology rose nearly 11%, Tuya Smart rose nearly 9%, Qifu Technology rose over 7%, CHAGEE Tea rose over 6%, Pony.ai and FinVolution Group both rose nearly 6%, Niu Technologies and Kingsoft Cloud both rose nearly 5%, ZTO Express rose over 4%, XPeng Motors and Bilibili both rose over 3%. Conversely, Lexin fell over 9%, So-Young International fell over 8%, Zhihu fell over 7%, NIO and WeRide both fell over 4%, Alibaba fell over 2%, Atour Life fell nearly 2%, Baidu, Xunlei, and DouYu all fell over 1%.