Technology stocks rebounded strongly, driving a broad rally in U.S. equities. The semiconductor index rose nearly 4%, and MSTR surged over 12%.

BlockBeats News, June 30, U.S. tech stocks rebounded strongly on Monday, driving a broad rally in the U.S. stock market. According to Bitget data, U.S. stocks closed higher on Monday, with the Dow Jones up 0.59%, the S&P 500 Index up 1.18%, and the Nasdaq up 2.07%. Most popular tech stocks rose, with Tesla up over 8%, SpaceX up over 7%, and Google up over 4%.

The semiconductor sector saw widespread gains, with the Philadelphia Semiconductor Index up 3.83%, KLA up over 11%, Applied Materials up over 10%, TSMC up over 5%, ASML up nearly 5%, Marvell Technology (MRVL) up over 4%, and AMD up over 3%.

The storage sector also rose broadly, with Western Digital (WDC) up over 11%, Seagate Technology (STX) up over 7%, and Micron Technology up over 1%, after earlier having fallen more than 9%.

Crypto-related stocks also saw broad gains, boosted by Strategy’s new plan. MSTR rose 12.6%, STRC rose 12.2%. In addition, CRCL rose 3.25%, and HOOD rose 3.18%.