US Stock Major Indexes Open Slightly Higher, AI Application Software Stocks Strengthen

N.R. Finch
Published 2026-05-07About 4 min read

The three major stock indices in the US opened slightly higher on Thursday, maintaining an overall pattern of volatility. The S&P 500 started the day up by 0.16%, reporting 7376.78 points; the Dow Jones Industrial Average (DJIA) rose by 0.18%, reporting 50002.39 points, returning above the 50,000-point integer mark; the Nasdaq Composite increased by 0.16%, reporting 25881.30 points.

Apple became the focus of the session. The stock price reached as high as $290.33,刷新ing its all-time high for the first time in five months, with a total market value of $4.25 trillion.

The technology stocks showed clear internal divergence. AI application software stocks were strong, with Datadog rising over 30%, MongoDB rising over 12%, and Snowflake rising 10%; all three were catalyzed by impressive quarterly performance, indicating a continued expansion in corporate spending on cloud and AI tools.

The chip and optical communication sectors faced pressure. Arm fell by about 3.4%, with market concerns over AI chip supply overshadowing optimistic performance guidance, and dragging the Philadelphia Semiconductor Index down by about 1.7%. AMD fell by 1.67%, Coherent fell by more than 4%, and the optical communication sector as a whole declined. Nvidia slightly retreated by 0.34%."

Content is for reference only, not financial advice.