TradingKey – Market expectations that Samsung Electronics will soon post a positive profit alert in its preliminary Q2 earnings report, coupled with SK Hynix officially launching its roadshow for a US listing, have fueled high market trading sentiment. The three major US stock indexes rose across the board, with the Dow Jones Industrial Average continuing to hit record highs, the Nasdaq Composite Index strengthening, and chip stocks and memory stocks leading the gains.

As of the close, the Dow Jones Industrial Average rose 0.29% to 53,055.91 points; the Nasdaq Composite Index rose 1.12% to 26,121.16 points; and the S&P 500 Index rose 0.72% to 7,537.43 points.