Central News Agency (CNA New York, July 1, 2023, Foreign News) Market optimism about artificial intelligence (AI) offset concerns about geopolitics and rising inflation, leading Wall Street stocks to close higher today. The Nasdaq Composite Index saw a quarterly gain of 21.4% as of June 30, marking its best quarterly performance in six years. The Dow Jones Industrial Average rose 136.46 points, or 0.26%, to close at 52,319.20. The S&P 500 Index gained 58.93 points, or 0.79%, to close at 7,499.36. The Nasdaq Composite Index climbed 393.58 points, or 1.52%, to close at 26,213.72. The Philadelphia Semiconductor Index surged 537.30 points, or 3.92%, to close at 14,246.96. (Translator: Li Jing / Editor: Hong Qi-yuan) 1150701 Stand with facts, your every contribution supports the power of press freedom Download the CNA "One-Hand News" APP for real-time updates No part of this website's text, images, or videos may be reproduced, broadcast, transmitted, or utilized without authorization.