U.S. stocks were up on Wednesday as traders weighed the latest round of earnings reports. The S&P 500 gained 0.24%, and the Nasdaq Composite added 0.6%. The Dow Jones Industrial Average climbed 74.62 points, or 0.14%.
Boosted by upbeat earnings reports, SMCI surged over 15% in early trading, while SpaceX rose over 8%. Storage stocks gained broadly, with SK Hynix up 4% and Micron up 3%.
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