U.S. stock market opens, Dow rises 0.66%, Qualcomm approves $20 billion buyback plan

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average up 0.66%, the S&P 500 index up 0.42%, and the Nasdaq Composite index up 0.33%. Qualcomm (QCOM.O) rose 3.2% as the company approved a $20 billion stock buyback plan and increased its dividend. Micron Technology (MU.O) rose 2.5% as the company began mass production of HBM4 memory for Nvidia. The Nasdaq Golden Dragon China Index rose 0.25%.