BlockBeats News, August 8th, according to BIT (bit.com) market data, the U.S. stock market closed on Friday with the Dow up 0.28%, the S&P 500 up 0.6% setting a new closing high, and the Nasdaq up 1.3%.

SpaceX (SPCX.O) surged 15.8%, Qualcomm (QCOM.O) rose 4.6%, and NVIDIA (NVDA.O) rose 2.2%.

Most storage concept stocks closed lower, with SK Hynix (SKHY.O) down nearly 4% and Micron Technology (MU.O) down 0.4%.

The optical communication sector saw significant gains, with Applied Optoelectronics (AAOI.O) up 9%, Lumentum (LITE.O) up 6.2%, Corning (GLW.N) up 5.4%, and Marvell Technology (MRVL.O) up 3.8%.