U.S. Stock Markets Rise Today; Micron Surges Over 4%, Nuvalent Jumps 38% on Glaxo Deal

U.S. stock markets opened higher today (June 9), with the Nasdaq rising 0.7%, the S&P 500 up 0.44%, and the Dow Jones gaining 0.06%. Technology stocks led the rebound, with Micron Technology surging over 4%, Marvell Technology and SanDisk both up more than 3%, and Intel gaining over 2%.

In corporate news, Broadcom rose over 1% after joining forces with Blackstone and Apollo to establish an AI compute platform. Nuvalent surged over 38% following GlaxoSmithKline's announcement to acquire the company for $10.6 billion. Applied Digital climbed 13% after signing a new data center lease agreement at Delta Forge 2.