1604 ET - U.S. stocks climb behind gains in semiconductor shares. Micron climbs 4.1% after the chipmaker said it shipped the first sample of a new chip designed for artificial-intelligence applications on smartphones. Dollar General jumps 16% after the retailer raised its outlook. Robinhood Markets gains 5.5% after the brokerage platform closed a deal to buy crypto exchange Bitstamp. DJIA rises 214 points, or 0.5%, to 42519, the S&P 500 gains 0.6% to 5970 and the Nasdaq climbs 0.8% to 19398. Investors are looking for any progress in the congressional budget bill and labor data later in the week. (patrick.sullivan@wsj.com)
(END) Dow Jones Newswires
June 03, 2025 16:04 ET (20:04 GMT)
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